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Iran holds talks with oil giants in Vienna prior to OPEC meeting

Business Materials 4 December 2015 17:46
Iranian Oil Minister Bijan Zanganeh held talks with top officials of Russia’s Lukoil, France’s Total, Austria’s OMV, and Italy’s Eni in Vienna, prior to the upcoming 168th OPEC meeting.
Iran holds talks with oil giants in Vienna prior to OPEC meeting

Tehran, Iran, December 4

By Mehdi Sepahvand -- Trend:

Iranian Oil Minister Bijan Zanganeh held talks with top officials of Russia's Lukoil, France's Total, Austria's OMV, and Italy's Eni in Vienna, prior to the upcoming 168th OPEC meeting.

OMV CEO Rainer Seele told Zanganeh that as soon as economic sanctions against Iran are lifted, his company will resume its relations with Iran, Iranian Oil Ministry's website reported December 4.

Last week, CEO of the National Iranian Oil Company Roknoddin Javadi also held talks with representatives of the leading oil firms.

In the last few months that followed the conclusion of the Iran nuclear talks, major oil companies have approached Iran to arrange for post-sanctions cooperation.

Eni has in the meantime proposed service for the development of the third phase of Iran's oil field Darkhovein, while OMV has expressed interest in developing the second phase of Cheshmeh Khosh. Lukoil has also proposed working on Azar and Changooleh oil fields.

Also, Malaysia's Petronas has said his company is ready for an import of 50 to 60 thousand barrels of oil from Iran after sanctions are removed.

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