Russia and Iran signed a billion-dollar contract for the construction of installations for the exploration and production of oil

Россия и Иран заключили миллиардный контракт на строительство установок для разведки и добычи нефти

Iranian Tasdid Offshore Development company and a Russian shipbuilding plant “Red barricades” yesterday, August 27, signed a contract for the construction of five offshore rigs for exploration and production of oil and gas in the Persian Gulf.

This was reported by news Agency IRNA.

The amount of the contract amounted to $ 1 billion. The Russian side undertook to provide 85% of the contract value, the report said.

Related news: Us destroyer fired warning shots at an unsafe approach of Iranian ships

Recall that Iran has decided not to deprive Russia of the right to use military bases in the country, which is used as airfields for operations in Syria.

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