Iran agrees to give Japanese firms 1st shot at oil field

Iran agrees to give Japanese firms 1st shot at oil field

TOKYO, Japan - Iranian Oil Minister Bijan Zanganeh (L) and Japanese International Trade and Industry Minister Takeo Hiranuma shake hands Nov. 1 after signing a joint statement. Iran formally agreed to grant Japanese oil developers the first shot at negotiating the rights to drill in Iran's largest oil field.

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