Russia favored for half-trillion dollar Iranian oil project ...News

Russia Today - News
Russia favored for half-trillion dollar Iranian oil project
source : Russia Today ( News ) () 29
With most US and European oil majors side-lined, the huge South Pars Oil Layer project will most likely go to a Russian or Chinese partner. Last week’s announcement from the director of integrated planning at the National Iranian Oil Company (NIOC) Karim Zobeidi that the South Pars Oil Layer (SPOL) project will be assigned to Iranian companies is just part of a holding position allowing for some development of the field whilst Iran can negotiate a deal with an international oil company (IOC) partner. Also on rt.com Iran will give Europe two months to save nuclear deal - Rouh

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