Al Mayadeen English

  • Ar
  • Es
  • x
Al Mayadeen English

Slogan

  • News
    • Politics
    • Economy
    • Sports
    • Arts&Culture
    • Health
    • Miscellaneous
    • Technology
    • Environment
  • Articles
    • Opinion
    • Analysis
    • Blog
    • Features
  • Videos
    • NewsFeed
    • Video Features
    • Explainers
    • TV
    • Digital Series
  • Infographs
  • In Pictures
  • • LIVE
News
  • Politics
  • Economy
  • Sports
  • Arts&Culture
  • Health
  • Miscellaneous
  • Technology
  • Environment
Articles
  • Opinion
  • Analysis
  • Blog
  • Features
Videos
  • NewsFeed
  • Video Features
  • Explainers
  • TV
  • Digital Series
Infographs
In Pictures
  • Africa
  • Asia
  • Asia-Pacific
  • Europe
  • Latin America
  • MENA
  • Palestine
  • US & Canada
BREAKING
Palestinian Ministry of Health: Two were martyred in Israeli shelling that targeted a besieged house in the town of Qabatiya in Jenin
At least 68 dead in migrant shipwreck off Yemen: IOM
Trump: We want to feed the people in Gaza, we do not want them to starve.
US President Donald Trump: We will impose sanctions on Russia if it does not end the war on Ukraine.
Israeli media: Polls show that 52% oppose Prime Minister Benjamin Netanyahu while only 29% support him.
Israeli media: 32% of Americans still support "Israel's" war on Hamas, while 60% oppose it.
Israeli media: Core US support for "Israel" hits its lowest, while support for Palestine reaches its highest levels.
Al Mayadeen's correspondent reports martyrs, injuries in Israeli bombardment of home in Heker al-Jame area in Deir al-Balah, central Gaza.
Al-Quds Governorate: Today, the spatial division of Al-Aqsa Mosque began in a public and dangerous manner, and we warn of a religious war in the region
The Ministry of Health in Gaza: This brings the total number of victims of famine and malnutrition to 175, including 93 children

Gazprom invests $40 bln in Iran oil sector

  • By Al Mayadeen English
  • Source: Al Mayadeen + Agencies
  • 19 Jul 2022 13:52
  • 2 Shares
2 Min Read

Russia's Gazprom makes the biggest foreign investment in the Iranian economy.

  • x
  • The Russian gas giant Gazprom (AFP)
    The Russian gas giant Gazprom (AFP)

The National Iranian Oil Company signed Tuesday with Russian Gazprom a memorandum of understanding in the energy sector that includes Moscow investing $40 billion in developing the Kish gas field and the northern Fars oil field, increasing the production of the lower Fars gas field, and developing six Iranian oil fields.

The Iranian and Russian firms signed the biggest foreign investment deal in the Iranian economy, the Islamic Republic News Agency (IRNA) reported.

The Russians currently invest more than $4 billion in the Iranian oil industry, which is expected to see a ten-fold increase.

Related News

Exclusive: Resistance key to building state, Georges Abdallah says

Damascus accuses Sweida factions of breaking ceasefire, sowing 'chaos'

Russian President Vladimir Putin's spokesperson, Dmitry Peskov, revealed Monday that Russia handed Iran a draft agreement about comprehensive strategic joint cooperation between the two countries.

Putin is set to land in Iran today for talks with Iranian President Ebrahim Raisi and his Turkish counterpart Recep Tayyip Erdogan for a meeting on the Astana peace process.

Moscow, Tehran, and Ankara have been engaged in the Astana peace process for years now, a forum meant to bring to a close the war on Syria that has been raging on for more than 11 years.

Iranian-Russian relations and partnership have taken to new heights recently, especially in light of reciprocal visits, the signing of several agreements, and Tehran and Moscow seeing eye to eye on various issues.

Kremlin aide Yury Ushakov said Monday that "Iran is an important partner of Russia. Relations are of a friendly nature, have a long history, and are developing very effectively in the widest range of areas. Both sides have plans to bring bilateral cooperation to a new level - the level of strategic partnership. A new interstate agreement is being prepared."

  • Syria
  • Astana
  • Turkey
  • Astana Summit
  • Russia
  • Gazprom
  • Iran

Most Read

A rescued crew member from the ETERNITY C vessel in a video released by the Yemeni Armed Forces on July 28, 2025 (Yemeni Military Media)

Yemen Navy reveals fate of targeted Eternity C ship crew

  • Politics
  • 28 Jul 2025
An Israeli tank explodes following an ambush by al-Qassam Brigades in Gaza, Occupied Palestine, undated (Al-Qassam Military Media)

Al-Qassam strikes Israeli vehicles in Gaza, inflicts casualties

  • Politics
  • 30 Jul 2025
UAE lodges complaint against Israeli ambassador over 'misbehavior'

UAE lodges complaint against Israeli ambassador over 'misbehavior'

  • Politics
  • 1 Aug 2025
Protesters chant anti-Israeli slogans as they carry a banner that reads:" Freedom for Palestine, Alliance stop the war," during a demonstration in support of Palestinians in Gaza, outside the Israeli embassy, in Athens, Monday, June 9, 2025 (AP)

Athens mayor slams Israeli ambassador over Gaza war, graffiti claim

  • Politics
  • 3 Aug 2025

Coverage

All
The Ummah's Martyrs

Read Next

All
A member of the al-Qassam Brigades, the armed wing of Hamas, takes part in a parade as he celebrates a ceasefire agreement between Hamas and the Israeli regime in Deir al-Balah, Gaza Strip, Sunday, January 19, 2025 (AP)
Politics

Al-Qassam: We’ll allow aid to Israeli captives if Gaza siege ends

Freed Lebanese freedom fighter Georges Abdallah during an interview on Al Mayadeen, which aired on Sunday, August 3, 2025 (Al Mayadeen screengrab)
Politics

Exclusive: Resistance key to building state, Georges Abdallah says

United Nations Secretary General Antonio Guterres gives a statement about the situation in Gaza at UN headquarters, Friday, June 27, 2025 (AP)
Politics

UN warns Gaza faces water crisis, looming famine under Israeli siege

Israeli soldiers drive their armored personnel carrier along the Gaza Strip, in southern occupied Palestine, Wednesday, July 30, 2025 (AP)
Politics

Ex-Israeli general says Gaza starvation campaign isolated 'Israel'

Al Mayadeen English

Al Mayadeen is an Arab Independent Media Satellite Channel.

All Rights Reserved

  • x
  • Privacy Policy
  • About Us
  • Contact Us
  • Authors
Android
iOS