NEW IRAN OIL DEALS
WSJ. Foreign oil companies hoping to invest in Iran as sanctions are relaxed won't be able to count Iranian reserves among their assets under the draft terms of new contracts, a senior Iranian oil and gas industry official said.
But overseas oil companies may be allowed to wholly own Iranian oil services companies as part of the country's privatization program, Ali Kardor, vice president for finance and investment at the state-owned National Iranian Oil Co., said in an interview. Mr. Kardor also said Iran hopes eventually to partner with oil giants like Total in joint ventures elsewhere in the world.
An interim deal with Western governments over Iran's nuclear program last…
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