The initial investment of $49.5 million could rise to $107.5 million.
It was not disclosed when the agreement was signed.
(AFP)
RFE/RL Iran Report
RFE/RL Iran Report
An Iranian oil facility (Fars) September 18, 2006 -- Iranian state television says Iran and Norwegian firm Norsk Hydro have signed a deal to explore a major onshore oil field, at Khorramabad in western Iran.
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