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MOSCOW, Russia (AP) -- Russian state gas monopoly OAO Gazprom said Tuesday it had reached agreement to drill and produce oil and gas in Iran in a deal that highlights Moscow's deepening trade and commercial ties with Tehran.
The deal that highlights Moscow's deepening trade and commercial ties with Tehran.
Gazprom said in a statement that the deal was signed Tuesday after meetings by CEO Alexei Miller with Iranian Oil Minister Gholam Hossein Nozari.
"The two sides agreed on the joint participation in the development of two or three blocs in the South Pars field as well as on the participation by GazpromNeft in an oil production project in Iran," the company said.
No other details of the deal were released.
Ties between Russia and Iran have deepened in recent years, despite efforts by the West to isolate Tehran for its alleged sponsorship of terrorist organizations and its nuclear programs. E-mail to a friend 
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