58637
No Prohibition on American Oil Companies
No Prohibition on American Oil Companies

No Prohibition on American Oil Companies

No Prohibition on American Oil Companies

Iran's oil minister says there is no ban on American companies wanting to work in the oil industry.
The semi-official ILNA news agency on Tuesday quoted Bijan Namdar Zanganeh as saying that "American companies face no ban on entering our oil industry," AP reported.
However, Zanganeh said American companies "have not directly applied" to work in Iran's oil industry, so far.
This is the first such remark by Iran after an executive order by US President Donald Trump on Friday banned immigration and visa processing for Iranians alongside six other Muslim countries.
In January, the Oil Ministry published list of 29 international companies qualified to bid for oil and gas projects following the lifting of sanctions under a landmark nuclear accord that went into effect last year.
Amirhossein Zamaninia, deputy oil minister for international affairs, told CNN in an interview last month that Tehran is ready to cooperate with US companies under the Trump administration.
"We see a lot of indication that there is a departure in the current (US) administration and we do not see a conflict coming up," Zamaninia said in a video interview in his office in Tehran.
Iranian officials have reiterated in the past that Tehran has no constraint in doing business with US-based companies, stressing that restrictions imposed by Washington are holding back American companies from lucrative investment opportunities in Iran's economy and energy sectors. 

Short URL : https://goo.gl/FmnE89
  1. https://goo.gl/mruyU1
  • https://goo.gl/t0kRxh
  • https://goo.gl/ACZsyW
  • https://goo.gl/yfNXqT
  • https://goo.gl/k0mlzc

You can also read ...

South Korea shipped in 446,148 barrels per day of crude oil from Iran in September.
Unenthusiastic about trading oil in the US dollar and South...
Austrian Firm to Build 4 Solar Plants in Fars
Austria’s Solar and Benefit Group and Fars Province Investment...
Pergas Submits Proposal for Developing Karanj Oilfield
Pergas Consortium, a group of international oil and gas...
The prospect of peak oil demand is hotly contested in the energy industry.
Global oil demand growth will slow to a crawl and gasoline use...
Gulf of Mexico Oil Spill May Be Largest Since BP Disaster
An oil spill in the Gulf of Mexico last week may be the...
Condensate Exports to Rebound in November
Iranian exports of ultra-light crude oil, known as condensate...
OPEC and other producers have agreed to cut production by 1.8 million bpd until next March.
The Organization of Petroleum Exporting Countries has a...
Brent Hits $58
Oil prices firmed on Tuesday, building on gains made as...

Add new comment

Read our comment policy before posting your viewpoints

Image CAPTCHA
Enter the characters shown in the image.

Trending

Googleplus