BELARUS NEWS AND ANALYSIS

DATE:

06/06/2009

Iran, Belarus found joint corporation to develop Jofeir oilfield

TEHRAN (ISNA)-Iran and Belarus have found Belpars Corporation in a bid to develop Jofeir oilfield.

The new corporation is founded by PetroIran and Belarus Oil companies to implement the project under a buy-back agreement.

Jofeir oilfield executive stages have been operated and the project is being financed.

The oilfield reserves are estimated 2.1 billion barrels, 95 percent of which heavy oil and 5 percent light oil.

Source:

http://www.isna.ir/ISNA/NewsView.aspx?ID=News-1351730&Lang=E

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