Iranian Oil Minister Kazem Vaziri Hamaneh, has told local media that Iran and Japan have agreed to finalize an oil project in the country's southern Azadegan oilfields.The two countries signed the two billion-dollar deal in October 2004. It includes developing parts of the Azadegan oil fields in the Gulf.
Previously Iran had accused Japan of breaching its commitments in the Azadegan oilfield under the pretext of complete de-mining of the southern field. Iran denied any landmine-related problems in the area.
