Contracts with Russia lead to 200,000-barrel increase in Iran daily oil output: Oji

TEHRAN – Iranian Oil Minister Javad Oji has said the contracts signed with Russian companies to develop eight oil fields have helped his country add more than 200,000 barrels to its daily production.

In his response to a question posed by Russia’s Energy Intelligence reporter about the outlook for Russian companies’ participation in Iran’s oil projects, the minister added the National Iranian Oil Company (NIOC) started its negotiations with Russia’s leading companies several months ago and contracts for the development of eight Iranian oil fields have been so far signed with Russian…