Monday, 28 October 2013

Iran tries to lure back western oil groups - FT.com

Iran tries to lure back western oil groups - FT.com:

"Iran plans to convince international companies to invest in its oilfields by offering them more lucrative contracts as part of efforts to repair its battered economy and improve the Islamic Republic’s relations with the western world.
The move comes as Tehran and Washington engage in the most constructive negotiations for several years about curbing Iran’s nuclear programme, which could pave the way for the loosening of sanctions that have crippled the oil industry, the engine of the Iranian economy."

'via Blog this'

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