Iran to offer more attractive, competitive oil contracts
Iranian Oil Minister Bijan Namdar Zanganeh says Iran’s new model of oil contracts will be more competitive and more attractive to international investors than those offered by neighboring countries./ Speaking at the 1st Iran Oil Industry Contracts Revision Forum in Tehran on Saturday, Zanganeh pointed to the changes in the global oil market over the past decade and said, “Following these essential changes, we are forced to revise our oil contracts so we can stay on the path of development like before.” Zanganeh noted that Iran’s objective ...
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