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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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Iranian oil minister attend OPEC meeting

Iranian Oil Minister Bijan Zanganeh attends a biannual meeting of the Organization of the Petroleum Exporting Countries in Vienna on June 2, 2016, to discuss oil prices. (Kyodo) ==Kyodo

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Iranian oil

Bijan Namdar Zanganeh, Iran's oil minister, speaks in Tehran on May 1, 2019, a day before the United States ended sanctions waivers for imports of Iranian oil. (Kyodo) ==Kyodo

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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.