Iran signs a $ 440 million contract with a local company to develop a gas field in the Gulf
Economy News - Baghdad
TEHRAN (Reuters) - Iran on Saturday signed a $ 440 million contract with local Petrobars to develop the Bilal gas field in the Gulf, state television reported, citing the country's gas sector despite US sanctions.
"This contract and other contracts to come show that we are working despite the sanctions. Sanctions have not stopped us, we are working," Iranian Oil Minister Begin Namdar Zanganeh said at the signing ceremony.