If both governments confirm that the agreement is a go, and neither has done it so far, Tehran will become the second country to operate the export version of the J-10. In 2009, Beijing sold 36 J-10B jets to Pakistan for $1.4 billion, Watch China Times noted.
Chengdu J-10. China. "Vigorous Dragon". A multirole combat aircraft capable of all-weather operation. pic.twitter.com/zwUd6fryni— PJ de Jong (@jong_pj) 22 апреля 2015
The jets, ideal for both ground assaults and electronic warfare, are produced by China's state-owned Chengdu Aircraft Corporation (CAC). In an opinion piece for the War is Boring website, Robert Beckhusen described CAC as "a major warplane manufacturer responsible for quickly churning out Beijing's top warplanes."
The 350 sq mi Azadegan oil field located near the border with Iraq produces 40,000 barrels of light and heavy crude per day. The field is operated by the National Iranian Oil Company (NIOC) and reported to be the largest discovered in Iran in the last three decades.
China, the largest importer of Iranian oil, is not a newcomer when it comes to the Azadegan oilfield.
Although Iran terminated the deal in spring 2014, the CNPC continued to be involved in the development of the North Azadegan oilfield under a $2 billion agreement signed in 2009. The project slated to last 12 years is expected to enter its first of two phases in October, Reuters reported.
Iran plans to boost its oil output as soon as the West lifts economic sanctions as was agreed under the Joint Comprehensive Plan of Action, a major agreement between Tehran and a group of international mediators aimed at curbing Iran's nuclear ambitions. Tehran has always maintained that its nuclear program is purely peaceful in nature and it had no intention of developing an atomic bomb.