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Iran Oil Firms to Sign $1.2 Billion in Deals to Boost Output


Iran to Boost Oil Output Via $1.2 Billion Deal With Local Firms
Bloomberg
1/3/2021
Arsalan Shahla
© Bloomberg
Workers cross a walkway between zones aboard an offshore oil platform in the Persian Gulf s Salman Oil Field, operated by the National Iranian Offshore Oil Co., near Lavan island, Iran, on Thursday, Jan. 5. 2017. Nov. 5 is the day when sweeping U.S. sanctions on Iran’s energy and banking sectors go back into effect after Trump’s decision in May to walk away from the six-nation deal with Iran that suspended them.
(Bloomberg) Iranian energy companies have agreed deals worth $1.2 billion to raise the nation’s crude output, state-run National Iranian Oil Co. said. ....

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