Middle East Economic Survey
Chinas CNPC Signs MOU For Participation In South Azadegan Oil Field Development
Chinas involvement in Irans energy sector increased further in late July, with the signing of a memorandum of understanding (MOU) between the Chinese National Oil Company (CNPC) and the National Iranian Oil Company (NIOC) for participation in the South Azadegan oil field development. The move follows the signature of a $1.76bn agreement earlier this year by...
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