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Japan's Inpex to cut stake in Iran's Azadegan oil field to about 10 percent

Japan's Inpex to cut stake in Iran's Azadegan oil field to about 10 percent

A Japanese oil development company will greatly reduce its stake in Iran's Azadegan oil field because of slow progress in removing land mines from the area, an official said Friday.
Japan's Inpex Holdings will continue talks "along the lines of retaining about a 10 percent stake" in the US$2 billion (