Iran Revisits Hydrocarbon Contracts In Effort To Boost Output
One month into his second stint as Iran’s Minister of Petroleum, Bijan Namdar Zanganeh has revisited an earlier plan to reformulate the contracts it offers to foreign oil companies looking to invest in the country’s upstream. Indian state firms may be the first to be offered new PSAs.
Iran’s energy sector has been taking hits on multiple fronts since Western-led sanctions were...