Post-sanctions Iran to launch 50 new oil projects: official
An oil tanker is seen off the port of Bandar Abbas, southern Iran, on July 2, 2012 (AFP Photo/Atta Kenare)/ London (AFP) - Iran is to introduce over 50 new oil exploration and production contracts in the near future, the head of the country's oil contracts re-negotiation team told a conference in London on Tuesday./ Seyed Mehdi Hosseini, whose country is seen as a major untapped energy producer, announced a "new chapter of cooperation" with the international oil industry at the "Oil and Money" conference. Under a July agreement with ...
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