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Austrian company to spend USD6b in Iran's oil fields
(MENAFN) An unknown Austrian top firm is planning to invest a staggering USD6 billion in two Iranian oil and petrochemical projects, based on recent reports.
The two projects consist of the Dehloran petrochemical plant and Dehloran NGL oil refinery, and it was confirmed that the contracts will be signed in just 30 days.
Accordingly, prior to the anticipated deal a group of experts from the Russian firm Zarubej Neft are expected to make extensive field studies on the oil fields.
Moreover, the mentioned Russian company has already set grounds for deepening its relationship with Iran after signing a Memorandum of understanding.
The two projects consist of the Dehloran petrochemical plant and Dehloran NGL oil refinery, and it was confirmed that the contracts will be signed in just 30 days.
Accordingly, prior to the anticipated deal a group of experts from the Russian firm Zarubej Neft are expected to make extensive field studies on the oil fields.
Moreover, the mentioned Russian company has already set grounds for deepening its relationship with Iran after signing a Memorandum of understanding.
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