Global Business in Iran Database
In-depth metrics and analysis of Iran's international economic partnerships.
by cszrom | Thu, 2010-01-07 16:47
selected project
Qatar National Bank - IOOC Investment in Esfandiar Oilfield
description
Discussions of Qatar National Bank's involvement in the Esfandiar oil field began in October 2009. QNB aims to invest as much as 400 million euros, or 572 million USD, in the project, providing, according to the head of the IOOC's investment office, 100 percent funding for the project. The Esfandiar oil field, which Iran shares with Saudi Arabia, has thus far been primarily exploited by Saudi interests.
- Country: Qatar
- Client: Iranian Offshore Oil Company (IOOC)
- Contractor: Qatar National Bank
- Amount (Current Dollar Value): 572.391 million (400 euro)
Status
- Current Status:
- Discussion Date: Tue, 2010-01-05
- Contract Date:
- Completion Date:
Citation
("Iran's Esfandiar oilfield awaits finance approval", Press TV, January 5, 2010, available at http://www.presstv.ir/detail.aspx?id=115385§ionid=351020103.)
