BELARUS NEWS AND ANALYSIS

DATE:

05/09/2007

Iran, Belarus sign oil agreement

Belarus will help Iran in development of Juffair Oilfield

Iranian and Belarusian officials have agreed on development of the Juffair Oilfield, located 80 km southwest of Ahvaz in Khuzestan province.

The contract for developing the Juffair Oilfield was signed in the presence of the Acting Oil Minister Gholam-Hossein Nozari.

This contract was signed within the framework of the government's plan to boost exploitation of oil resources.

Iran's oil production has currently reached 4.1 million barrels per day, showing an increase of 100,000 barrels.

Source:

http://www.presstv.ir/detail.aspx?id=21929§ionid=351020103

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