Gazprom Bets On Iran

The world's largest gas company, Gazprom of Russia, and the National Iranian Oil Company (NIOC) have signed an agreement for the development of Iran's oil and gas fields. This will give Gazprom access to the world's second-largest gas reserves. NIOC and Gazprom will cooperate in developing Iran's oil and gas fields, the transfer of oil from the Caspian Sea to the Sea of Oman, and the construction of a refinery in northern Iran. "Based on the agreement, we will form working groups, and one month after the signing of the deal we will start the work,' said