China: An Oil Deal With Iran
from NYT > Asia Pacific by BLOOMBERG NEWS
The China Petrochemical Corporation, known as Sinopec, signed a $2 billion agreement to develop Iran’s Yadavaran oil field. The field would produce 85,000 barrels a day in four years and an additional 100,000 barrels a day three years after that, China’s official Xinhua news agency reported, citing the Iranian oil minister, Gholam Hossein Nozari, above.