OREANDA-NEWS. On 8 October 2016 in the course of Tatneft delegation visit to Tehran (Islamic Republic of Iran) a Memorandum of Understanding was signed by the Managing Director of National Iranian Oil Company (NIOC) Ali Kardor and the General Director of Tatneft Nail Maganov. 

On the basis of the Memorandum Tatneft will study opportunities relating to the development of Dehloran oilfield in Ilam Province. Upon completion of the steps contemplated by the Memorandum the parties would determine possibilities and potential terms for Tatneft engagement for the works at the said oilfield.

During the meeting the management of NIOC and Tatneft discussed participation of international oil companies in the development of Iranian oil and gas fields, while emphasizing the special role that the Russian companies can play in that process. Nail Maganov presented to the colleagues from NIOC technical and scientific potential of Tatneft, unique experience in developing oilfields through the application of most advanced enhanced oil recovery techniques, including by using the equipment produced by the company's own divisions, as well as large oil refining (TANECO complex) and petrochemical projects implemented by the company in Tatarstan. The parties noted the potential for utilizing the knowledge and know-how of Tatneft in Iran. 

In the course of its visit to Tehran the senior management team of Tatneft had a number of other working meetings with Iranian companies where future cooperation options were discussed.