The Canadian oil company Sheer Energy has become the first western company to go against the requirements of the USA and to sign the contract with Iran after events of September, 11.
The buy-back contract concerns the rahabilitation development of the oldest Iranian deposit Masdzhede-Soleiman in Ahvas anfd is estimated in 80 million dollars.
Iranian company Naftgaran Engineering Services owning 51 percent also participates in the project
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