Minister: Iran in oil swap talks with Rusian company

Minister of Petroleum Bijan Zangeneh says Russian Lukoil Company seeks oil swap deal with Iran and talks on the issue are underway. Zangeneh told IRNA that during recent visit of Russian Energy Minister Alexander Novak to Tehran, no talks had been held on the issue but Lukoil follows the project….

Pergas-NISOC NDA contract another example of foreign investment

Managing Director of Pergas Consortium Colin Rolwley said on Wednesday that conclusion of an oil deal with National Iranian South Oil Company (NISOC) is another example of foreign investment in Iran. Rowley made the remarks in an address to ceremony to ink the contract with Iranian petroleum industry about joint…