Iran has no plans to increase stake in Shah Deniz project

Read on the website Vestnik Kavkaza

Iran is unlikely to change the size of its stake in the Azerbaijani project of Shah Deniz in the Caspian Sea, Abc.az reports. 

According to Iranian Deputy Oil Minister, Rokneddin Javadi, the Iranian National Oil Company will retain its 10% stake in the Shah Deniz Project at the same level without not plans to increase it, abc.az reports.