“There are numerous foreign firms which are going to know about the details of the new generation of contracts in order to take part in Iran’s oil and gas projects,” said Ali Kardor, deputy managing director of the National Iranian Oil Company (NIOC).
Saying that the detailed facts on the contracts will not be announced before the conference, he rejected reports that development project of two oil fields has been secretly delegated to the British Petroleum.
“The Iran Petroleum Contracts (IPC) were recently approved by the government, therefore, it is obvious that their details are not introduced to foreign investors prior to their final endorsement,” NIOC Managing Director Rokneddin Javadi told Shana.
“In the meeting with visiting foreign delegations and companies, general facts about IPCs were explained, in which they expressed their readiness to take part in the conference,” he added.
Minister of Petroleum Bijan Zangeneh announced that the main conference on introducing Iran’s new oil contracts will convene in the near future in Tehran. “The new oil contracts and the projects to be developed within their scope will be introduced to foreign investors in a conference in Tehran in month of Aban (Oct 23 – Nov 21).”
In September, he welcomed foreign investment in Iran’s energy industry, but said the Islamic Republic is interested in technology transfer by foreign partners. “More than cash or using the technology, we would like to have their advanced technology to be transferred to domestic companies,” he stressed.
In the wake of nuclear deal in July, Iran has hosted high-ranking officials and corporate executives of major companies from Germany, Spain, Austria, Italy, and France to discuss new cooperation ventures.
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