EghtesadOnline: The National Iranian Oil Company (NIOC) has added four Russian companies and Azerbaijan’s state oil firm Socar to the list of firms qualified for development work in the Islamic Republic.

EghtesadOnline: Azerbaijan oil officials have expressed interest in collaborating with Khazar Exploration and Production Company (KEPCO) to develop Sardar-e-Jangal gas field in the Caspian Sea off Gilan Province, KEPCO's managing director said.

EghtesadOnline: The State Oil Company of Azerbaijan Republic ( SOCAR ) says it is negotiating with Iran to store the country’s natural gas in its own facilities and re-supply it to its northern provinces during winter.