$2.5b contract
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Iran Signed First IPC Deal Worth $2.5b
Tuesday, 4th October 2016
Iran signed a $2.5b contract with Persia Oil & Gas Industry Development Company to develop the second phase of Yaran field and improve oil recovery for Koupal field.
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Commodity CMDTY | Units | Price | Change |
Crude Oil (WTI) WTI | USD/bbl | 60.34 | -1.81% |
Crude Oil (Brent) Brent | USD/bbl | 63.65 | -1.87% |
NYMEX Natural Gas | USD/MMBtu | 2.57 | -2.50% |
OPEC Basket Price | USD/bbl | 63.07 | -0.47% |
Last Modified April 5, 2021