Iran to drill oil well on border with Azerbaijan

Iran to drill oil well on border with Azerbaijan
# 18 May 2021 15:54 (UTC +04:00)

The National Iranian Oil Company (NIOC) prepares for drilling works in the Mugan plain  locating in the north of Iran, APA-Economics reports citing the foreign press.

The drilling works are planned to be conducted in the border territory with Azerbaijan.

More than 4 billion of light crude oil is estimated to be in the field.

According to the information, search operations have been conducted during 13 years.

#
#

THE OPERATION IS BEING PERFORMED