The deputy minister of petroleum has said that Iran’s contacts with foreign oil firms were never cut.
“Ministry of Petroleum has always been in talks with foreign companies and it was not such that their contacts have been cut by sanctions,” Mansour Moazzami said.
He said that foreign companies are eager to invest in Iran, adding that they are waiting for appropriate opportunities.
“Doubtlessly, with the lifting of sanctions and legal obstacles, foreign companies will be present in Iran’s petroleum industry projects,” said Moazzami.
He added that Iran’s petroleum industry is in “dire” need of foreign investment.