Saturday 5 September 2015

Iran’s oil industry braces for momentous change | GulfNews.com

Iran’s oil industry braces for momentous change | GulfNews.com:



"On the penthouse floor of Iran’s Ministry of Petroleum tower, I found a man clearly on a mission.



After seven years under a restrictive sanctions regime, tightened each year like a noose to bring Iran back to the bargaining table, Petroleum Minister Bijan Namdar Zaganeh is making preparations to cut the country’s energy industry loose onto the world energy market.



Zaganeh was petroleum minister in the government of Mohammad Khatami, when Iran hit its pre-sanctions peak of over 4 million barrels a day last decade, the second highest in Opec."



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