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Tehran, YJC. Zanganeh says Iran is going to consider attractive offers on oil, focusing on shared oil fields.
Speaking in a conference on oil contracts, Iran’s Minister of Oil Bijan Zanganeh said "Today the circumstances about the oil industry are completely different than previous decades. There have been unavoidable changes. Following these unavoidable changes we need to fix oil contracts so that we will be able to fall on the track to development like before.”
"Right now Iraq is trying to rebuild its conditions to sell
oil. So we have to prepare contracts that are more attractive than neighbors’.”
He further added that Iran will be giving priority to shared
fields compared to domestic ones.
Further maintaining that in the new model of contracts
conditions will have to vary from field to field, especially from domestic to
shared, he added "At the same time as we preserve national interests, we must
create some attraction for foreign companies which would like to come to Iran.”
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