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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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