No change yet in Iran-Total contract: Iranian official

No change yet in Iran-Total contract: Iranian official
Mon Nov 27, 2017 08:17:34

Iran's deputy minister of industry, mine and trade said on Sunday that Total contract with Iran has not changed.


(IRNA) -- Mansour Moazami, who is also chairman of the Industrial Development and Renovation Organization of Iran, made the remarks in a press conference held on the sidelines of the 2nd International Tehran Auto Show 2017 (November 27-December 1) which is held with participation of more than 400 Iranian and international Manufacturers and traders.
Commenting on rumors about cancellation of Total contract with National Iranian Oil Company (NIOC), he said that 'Up to now, Total has not made any change in its contract with NIOC'.
Those foreign companies that are keen to invest in Iran are prioritized for cooperation, the Iranian official underlined.
Despite the US pressures, western companies are still interested in investment in Iran. Many European companies, including the French carmaker Renault and also Total have inked cooperation documents with their Iranian counterparts.
(Photo: Tehran, credit:

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