Banks’ investment of 7 billion dollars in the development of Azadegan common square

According to the economic correspondent of Fars news agency, the oil minister Javad Oji wrote on his Twitter page: For the first time in the history of Iran’s oil industry, the integrated development plan of the joint Azadegan oil field, with financing of 7 billion dollars from state and private banks, holdings Economic and National Development Fund and with the aim of increasing the production of this field to 570 thousand barrels per day, it will be operational.

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