Global Analysis from the European Perspective. Preparing for the world of tomorrow

Iran Plans First Oil-And-Gas Tenders After Sanctions Easing

The Iranian government is planning to announce tenders for the exploration of 14 oil-and-gas blocks over the next three months, a top executive at Iran’s NIOC state oil company has said.
Last week, France’s Total became the first Western company to sign a development agreement with Iran since the partial lifting of sanctions in exchange for restrictions on Iran’s nuclear program. Source: RadioFreeEurope

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