Russia, Iran to sign 2 oil agreementsMarch 14, 2018 - 14:19 AMT PanARMENIAN.Net - The Russian oil company Zarubezhneft will sign two agreements with National Iran Oil Company (NIOC), a Russian official said, according to IRNA. Zarubezhneft is the first Russian oil company to sign two IPCs (Iran Petroleum Contract) with the National Iranian Oil Company on Wednesday, March 14, a source in the company told TASS. The source referred to activities in Aban and West Paydar oil fields. Under the terms of the contract, the company will work on the fields in a consortium with the local Dana Energy. The terms of the contract are not specified yet. No detail on the agreements has been released yet. Iran's Ambassador to Moscow Mehdi Sanaei had earlier said that there would be some changes in the approaches of the two countries towards oil deals. Signing agreements and memoranda of understanding on some oil and gas fields between Iranian and Russian companies, such as Rosneft, Gazprom and Tatneft, are examples of such changes. Related links: Top stories Authorities said a total of 192 Azerbaijani troops were killed and 511 were wounded during Azerbaijan’s offensive. In 2023, the Azerbaijani government will increase the country’s defense budget by more than 1.1 billion manats ($650 million). The bill, published on Monday, is designed to "eliminate the shortcomings of an unreasonably broad interpretation of the key concept of "compatriot". The earthquake caused a temporary blackout, damaged many buildings and closed a number of rural roads. Partner news | Czech-Armenian military cooperation discussed in Yerevan A delegation led by the Director General for the Industrial Cooperation Division of the Ministry of Defence of the Czech Republic visited Armenia. U.S. welcomes efforts to define Armenia-Azerbaijan border The United States welcomes efforts to define the border between Armenia and Azerbaijan, says Vedant Patel. Biden honors resilience of Armenian people on April 24 U.S. President Joe Biden has issued a statement on the 109th anniversary of the Armenian Genocide. Ex-Karabakh leader moved to solitary confinement cell in Baku, his son says David Vardanyan is the son of former Karabakh leader Ruben Vardanyan who who is currently imprisoned in Azerbaijan. |