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Iran and Russia Push Energy Ties

OIL

Iran and Russia have pushed closer with energy ties after NIOC and Gazprom signed an MOU today worth around $40bn according to Iranian news outlet SHANA.

  • Gazprom will help NIOC in the development of the Kish and North Pars gas fields and also six oil fields SHANA reports.
  • Gazprom will additionally be involved in the completion of LNG projects and construction of gas export pipelines.

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