Iran delays London oil conference to Feb 2015
Iran has postponed by three months a conference to offer multinationals the rights to develop oil deposits, giving time for sanctions on the country's oil sector to be lifted, a senior official said on Monday. "We want to provide for all the companies to participate and we know they will have difficulties before Nov. 24," Mehdi Hosseini, the head of the Oil Contracts Revision Committee, told Reuters by telephone on Monday. The London conference, previously scheduled for Nov. 3, will take place in late February 2015. He expressed hope that ...
Click
To Read Full Article