Iran’s new oil investment contract to be ready by July -official | GulfNews.com

Iran’s new oil investment contract to be ready by July -official | GulfNews.com:

"Iran’s new oil industry investment contract for international oil firms will be ready by July, a senior Oil Ministry official was quoted as saying on Thursday by Iranian state TV.

“The new contracts will be ready in June, July ... Hopefully we will have oil tenders in July ... We welcome investors from all countries,” Deputy Oil Minister Rokneddin Javadi said.

Some 135 companies including BP, Total, Italy’s Eni and Spain’s Repsol attended a conference in Tehran in November to hear about the new Iran Petroleum Contract (IPC) but its launch has been postponed several times."



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