Iran says to introduce new oil contract in 2-3 months

By REUTERS
July 23, 2015 12:38

VIENNA - Iran aims to introduce a new petroleum contract internationally in the next two to three months, its deputy oil minister said on Thursday, part of the Islamic Republic's plan to boost output post-sanctions.

The proposed contract is more liberal than Iran's previous "buy-back" contracts, Hossein Zamaninia, Iran's deputy oil minister for commerce and international affairs, told reporters on the sidelines of a conference in Vienna.


Related Content

Breaking news
February 24, 2018
Trump urges Mexico to block illegal immigrants from El Salvador

By REUTERS

Israel Weather
  • 9 - 21
    Beer Sheva
    12 - 19
    Tel Aviv - Yafo
  • 9 - 15
    Jerusalem
    11 - 17
    Haifa
  • 14 - 26
    Elat
    11 - 21
    Tiberias