China’s Sinopec is pursuing talks about the second phase of development of the Yadavaran oilfield in Iran, writes Kama Mustafayeva.
Touraj Dehghani, the chief executive of Petroleum Engineering & Development Company (Pedec), said that despite progress being slow the negotiation process is proceeding.
Sinopec last year offered $3 billion for the joint development of Yadavaran — which has estimated reserves of 3.1
