Iran in talks with foreign investors for oil contracts, says MP

Young journalists club

News ID: 18223
Iran » Iran
Publish Date: 14:54 - 22 January 2018
TEHRAN, January 22 - An Iranian lawmaker said the country is in talks with foreign investors on Iranian Oil Ministry’s contracts.

Iran in talks with foreign investors for oil contracts, says MPTEHRAN, Young Journalists Club (YJC) - “Talks related to the Oil Ministry contracts are underway with foreign investors and are expected to be concluded by the end of the year (March 20, 2018),” said Spokesman of Iranian Parliament Energy Commission Asadollah Qarehkhani.

He said different teams are involved in the talks and there have been progresses.

He noted that global issues are naturally affecting the contracts since the other sides are large and international companies.

The Iranian lawmaker continued that Iran’s agreement with Total is proceeding and the company has had $1 million agreement with Iranian companies.

 

 

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