Iran Plans Foreign Oil Deals Within Months as Sanctions Ease

  • Contracts to lure billions of dollars, Zanganeh tells website
  • Country seeks to boost oil production as sanctions lifted

Iran’s new model oil contracts, designed to lure billions of dollars in foreign investment for its energy industry, still need revisions and the government is confident the first deals will be signed within months, Oil Minister Bijan Namdar Zanganeh said.

To continue reading this article you must be a Bloomberg Professional Service Subscriber.