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Oil Minister Confirms Japan Deal Stake Slashed to 10%

The comments by Oil Minister Kazem Vaziri Hameneh came after a swathe of conflicting reports over Inpex’s final stake in Azadegan oil field, which was agreed at 75% when the two-bln-dollar deal was signed in 2004. The share of Inpex “has been cut from 75% to 10% in the project …

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President Stresses Inefficiency of Threats against Iran

According to a statement released by the Presidential Press Office, Ahmadinejad made the remarks in a meeting with Slovakia’s incoming Ambassador to Tehran here on Sunday, where Antwan Hydok submitted his credentials to the Iranian President.

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