...

Iran to sign oil deal despite Trump’s vows: Zanganeh

Business Materials 29 November 2016 12:50 (UTC +04:00)

Tehran, Iran, Nov. 29

By Mehdi Sepahvand – Trend:

Iran’s oil talks with foreigners have not been affected by the election of Donald Trump as the US president, Iranian Oil Minister Bijan Namdar Zanganeh told IRNA news agency November 29.

Tehran is looking forward to lucrative oil deals with foreigners. The country was freed of sanctions in January following a nuclear deal with six powers and has since been in talks with the world’s oil giants over many developmental projects.

However, since Trump was elected, worries have arisen as what would happen if he enacts his anti-Iranian remarks, including threats that he will scrap the nuclear deal.

In the meantime, Zanganeh said that Iran is looking forward to its first post-sanctions international oil deal in three to four months.

He did not say the name of the foreign side of the contract, but said, “The companies with which we have signed an HOA (heads of agreement) will be the first with which we will sign contracts.”

Tags:
Latest

Latest