{"id":5980,"date":"2023-06-13T14:20:38","date_gmt":"2023-06-13T14:20:38","guid":{"rendered":"http:\/\/roydadnaft.ir\/English\/?p=5980"},"modified":"2023-06-13T14:21:45","modified_gmt":"2023-06-13T14:21:45","slug":"iran-venezuela-sign-several-oil-contracts","status":"publish","type":"post","link":"https:\/\/roydadnaft.ir\/English\/5980\/","title":{"rendered":"Iran, Venezuela sign several oil contracts"},"content":{"rendered":"<div class=\"entry-content\" itemprop=\"description\">\n<p>Roydad Naft News Agency \u2013 Iran and Venezuela here on Monday signed several contracts to cooperate in the oil sector.<\/p>\n\n\n\n<p>Iran\u2019s Oil Minister Javad Owji and his Venezuelan counterpart inked the contracts to develop oil fields and terminals and restore refining and petrochemical capacities.<\/p>\n\n\n\n<p>Tehran-Caracas cooperation in the oil sector has been promoted since Iran\u2019s 13th (incumbent) administration took over.<\/p>\n\n\n\n<p>Their relations entered a new phase last year, when the two sides signed a contract to develop Venezuela\u2019s refineries through using Iran\u2019s technical know-how and equipment.<\/p>\n\n\n\n<p>Iran and Venezuela hold about 40 percent of the world\u2019s oil reserves and both countries\u2019 oil sectors have been hit by U.S. unilateral sanctions.<\/p>\n\n\n\n<p>In spite of sanctions, Iran has managed to make 85 percent of equipment needed by the oil industry, not only meeting domestic needs with homegrown equipment, but also exporting its technical and engineering services to regional countries and other oil-rich states, including Venezuela.<\/p>\n\n\n\n<p>Accompanied by a number of ministers and other top officials, Iran\u2019s President Seyyed Ebrahim Raeisi on Monday started his tour of Venezuela, Nicaragua, and Cuba.<\/p>\n<div class=\"post-date no-social-btn post-updated\">Updated on<time class=\"updated dt-updated\" itemprop=\"dateModified\" datetime=\"2023-06-13T14:21:45+00:00\"> 13 June 2023<\/time><\/div><\/div>","protected":false},"excerpt":{"rendered":"Roydad Naft News Agency \u2013 Iran and Venezuela here on Monday signed several contracts to cooperate in the oil sector. Iran\u2019s Oil Minister Javad Owji and his Venezuelan counterpart inked the contracts to develop oil fields and terminals and restore refining and petrochemical capacities. Tehran-Caracas cooperation in the oil sector has been promoted since Iran\u2019s [&hellip;]","protected":false},"author":1,"featured_media":5981,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[17,22,36,19,16,35],"tags":[],"services":[],"class_list":["post-5980","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-economy","category-iran","category-lastnews","category-news","category-oil","category-topnews"],"_links":{"self":[{"href":"https:\/\/roydadnaft.ir\/English\/wp-json\/wp\/v2\/posts\/5980","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/roydadnaft.ir\/English\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/roydadnaft.ir\/English\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/roydadnaft.ir\/English\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/roydadnaft.ir\/English\/wp-json\/wp\/v2\/comments?post=5980"}],"version-history":[{"count":0,"href":"https:\/\/roydadnaft.ir\/English\/wp-json\/wp\/v2\/posts\/5980\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/roydadnaft.ir\/English\/wp-json\/wp\/v2\/media\/5981"}],"wp:attachment":[{"href":"https:\/\/roydadnaft.ir\/English\/wp-json\/wp\/v2\/media?parent=5980"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/roydadnaft.ir\/English\/wp-json\/wp\/v2\/categories?post=5980"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/roydadnaft.ir\/English\/wp-json\/wp\/v2\/tags?post=5980"},{"taxonomy":"services","embeddable":true,"href":"https:\/\/roydadnaft.ir\/English\/wp-json\/wp\/v2\/services?post=5980"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}