Iran negotiating oil contracts
If the sanctions against Iran are lifted the country will be able to offer western oil and gas companies the opportunity to negotiate long-term, more profitable proposals and contracts, public officials tell the Wall Street Journal.
BY RITZAU FINANS
For a long time there has been a spotlight on Iran's oil and gas reserves, which are the fourth largest and the largest in the world, respectively. Negotiators from Iran and six major global powers will negotiate a deal set to lift the international sanctions against Iran in return for control over Iran's nuclear program, reports the Wall Street Journal.
Already a subscriber?Log in here
Read the whole article
Get access for 7 days for free. No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.
With your free trial you get:
- Access all locked articles
- Receive our daily newsletters
- Access our app
Get full access for you and your coworkers
Start a free company trial todayRelated articles:
Trading houses flip record oil volumes in Singapore
For subscribers
Morgan Stanley: OPEC meeting good news for tankers
For subscribers
Shell praises "wonderful" Iran
For subscribers
