Iran to invite investors to develop disputed oil field in Caspian region

Iran to invite investors to develop disputed oil field in Caspian region

In late November Iran is going to present four projects related to oil fields in the Caspian region to foreign investors.

The participants in the conference on the new oil and gas contracts, which will be held in Tehran on November 28-29, will see four projects for exploration, production and development, including the oil field 'Sardar Jangal'.

"Two projects in Caspian region will concern exploration, and another two will concern development and production,"abc.az quoted the managing director of the Iranian company for exploration and production in Caspian region Ali Osuli as saying.

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