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2016-01-05 16:50:00

5 IRANIAN CONDITIONS: $185 BLN

5 IRANIAN CONDITIONS: $185 BLN

Iran has set five conditions for inking oil and gas deals with foreign firms after sanctions on the country are lifted.

National Iranian Oil Company's managing director Roknoddin Javadi said observing health, safety and environmental (HSE) requirements is the main prerequisite for foreign companies interested in participating in Iran's oil and gas projects, Mehr news agency reported on January 3.

Moreover, the share of Iranian contractors in the implementation of joint oil and gas projects should be increased, he added.

Based on the law, domestic…

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Tags: IRAN, OIL, GAS
Chronicle:
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U.S. OIL INVENTORIES DOWN 5.9 MB TO 492.4 MB
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