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Iranian official calls for negotiations with Washington in Iraq

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Kerry reassures European banks on the resumption of commercial activity with Iran

 

PM: 12: 48: 12/05/2016Khandan

 

 

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Khandan - said US Secretary of State John Kerry during his meeting with a number of senior officials , bankers in London on Thursday that the United States would not punish European banks that trade relations with Iran to resume in the project, according to "Reuters". The United States and Europe Rfta sanctions for Tehran in December second ,under an agreement with Iran to curb its nuclear program , but other US sanctions still remain, including the ban on dollar transactions linked to Iran settlement through the US financial system. Kerry said during a meeting with executives bankers that he does not blame the banks that conduct illegal activities with Iran in a bid him to dispel the fears that arose after the imposition of fines in the past on the banks violated the sanctions.

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Iran out of the global financial system until further notice

 
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Economy News / follow up ....
 
Witnessing the British capital London today a meeting of officials and bankers to discuss the financial isolation of Iran after nearly four months of the start of implementation of the nuclear deal, who spent the lifting of sanctions on Tehran, but banks and international financial institutions still refuses to have any dealings with Iran or Related companies fear of falling into the trap of financing "terrorism Mali ", or money laundering.
The meeting attended by British Foreign Secretary Philip Hammond and Business Minister Sajid Javed and Lord Lamont Trade Envoy of the Prime Minister to Tehran with a number of heads of major banks such as Standard Chartered and HSBC, Barclays, Deutsche Bank, BNP Paribas.
 
It remains the position of banks unchanged: No deal with Iran or linked to Iran personalities or companies operating in Iran. They fear that, despite the lifting of international sanctions, there remain other sanctions related to Iran's support for terrorism can expect banks under penalty of fines and bans.
 
The banks were paid in the last two years, fines of about $ 15 billion to deal with other nations or entities subject to sanctions, the largest of which $ 8.9 billion fine on the French BNP Paribas bank for dealing with Iran.
 
Seeking politicians to persuade banks and financial institutions to "facilitate" its stance on Iran would benefit the work of the major companies and opens the door to opportunities for profit, but the global banking and financial sector maintained its position that Iran stay out of the global financial system until further notice.
 
The US Secretary of State John Kerry recently said that his government wanted to remove the confusion about sanctions on Iran to Tehran back the global financial system, but a senior banker answered by saying "the words Kerry will not last for months," referring to the US elections, the end of the year, which may come Prime such as Donald Trump, who has pledged to tighten sanctions on Iran.
 
Not only sanctions, but that international banks are afraid of several other factors first and foremost that Iran is no longer dependent sound financial regulations and procedures after the long years of sanctions and trade is official or legal.
 
Banks and financial institutions as well as fears that have dealings involvement, indirectly, in terrorist activities or classified as a crime organization.
 
Despite the modesty expected from the meeting in London Thursday, officials and bankers from Britain, France and Germany meet with US officials in Washington next week on the same subject.
 
 
Views 21   Date Added 12/05/2016 - 13:15   Last updated 05/12/2016 - 15:27   No. Content 3457
 
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Qarnoh including earns our officials ..! .. Detected for the first time for salary Iranian President

 

 Qarnoh including earns our officials ..! .. Detected for the first time for salary Iranian President                                                                                                                                                                                                                                                                                                                                                                                           May 11, 2016 7:07                                                                                                                                                                                                                                                                                                                                                       

Iranian President Hassan Rohani

He confirmed the Budget Committee in the Iranian parliament member Mousa Reza my fortune, Tuesday, May 10 / May, Iranian President Hassan Rowhani, the monthly income of less than $ 2,000.

In a statement of economic fortune site he said: "Monthly Salary president is already 4 million Toman, the equivalent of about $ 1200, however due to the actual salary increases of up to a month Rouhani 6 million tomans, or about $ 1700."

My fortune and added: "Of course members of the government salaries are much lower."

The government last year approved the minimum wage for public sector employees, a 900 thousand tomans or about $ 270.

It should be noted that the official currency of Iran is the rial, but are deleted zero and one of the banknote during financial transactions, called value then Toman name.

Toman = SR10

US dollar = 30.350 IRR

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Cross our fingers. Thanks Yota. GM.

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Iran calls for 5 + 1 group's commitment to the nuclear deal

 

 

   
 

 
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9/6/2016 0:00 

 VIENNA agencies 
called on Iran 's delegate to the International Atomic Energy Agency Reza Najafi, Wednesday, countries of the 5 + 1 group to stay away from any move is inconsistent with the text of the nuclear deal and essence, Maydaf implementation, and stressed the commitment of the six groups obligations according to the agreement. He criticized Najafi, in his speech during the IAEA board of governors meeting yesterday, the slowdown in the implementation of trade and economic agreements between Iran and other countries in the post - nuclear agreement promised to take responsibility by the other parties in the implementation of its commitments a condition for the sustainability of the agreement. He said that since the cancellation of all the houses of security and governors of the International Atomic Energy Agency decisions on Iran 's nuclear program, Iran has implemented all its commitments under the agreement , which won the support of the agency. He added, that since the start of this process was the other side Caution on Mutual and full implementation of all the commitments by the Group of Six forms the basis and the vital aspect of the agreement in order to keep it and remove all of the embargo imposed by the UN Security Council and other forms of one - sided and associated with the nuclear issue and that achieved legally should bear fruit to enhance cooperation with Iran at all levels. 
He continued: although the results of the agreement in the field of nuclear cooperation with Iran has made progress and signed new agreements in various fields , especially in economy and trade , but the speed of implementation is insufficient. He said the representative of Iran at the IAEA need for analysis of the six groups in good faith within the atmosphere of mutually respectful and stay away from taking any step is inconsistent with the text and objectives of the Agreement, the core of which leads to the weakening of the success of its implementation.
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Lebanon to protect its banking system lock a hundred account for Hezbollah

June 10, 2016 

 

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A source at the Central Bank of Lebanon, on Thursday, that a hundred bank account for the major organizations of the Party of God, has already been closed in accordance with The Law of the US sanctions.

The move reflects the success of the central bank to escape from the pressures exerted by Hezbollah over the past few days, and that the party would be in a difficult situation where it becomes unable to protect itself and its clients from the US sanctions.

The Central Bank of Lebanon decision (the central bank) to close 100 accounts linked to Hezbollah after negotiations in this regard between the Governor Bank Riad Salameh and a delegation from Hezbollah in the past few weeks, following the visit of last week, Assistant US Treasury Secretary Daniel Glaser, reflecting the commitment Lebanese banking system fully implementing the US measures, especially in terms of targeting institutions that received the list carried by the US official to Beirut.

It seems that the objections of Hezbollah and the threat of its secretary general Hassan Nasrallah against the Lebanese banking system and accused him of being overused in the application of the US measures, Undeterred by the central bank to proceed with the full commitment in order to "preserve the Lebanon within the global financial map," according to the safety of expression.

We integrity "We took upon ourselves the application of US law, we have identified and implemented to meet the objectives of the mechanism, taking into account the preservation of the rights of Shiites in the banking sector."

The banks in Lebanon began, early last May, the commitment to implement the US imposed on about 100 personal penal institution and calculated on Hezbollah, which include failure to provide services or banking facilities to those involved.

Lebanon's Central Bank Governor Riad Salameh early last month issued a resolution in which it stressed that "the Central Bank of Lebanon, based on the fight against money laundering and terrorist financing Act No. 44 of date 11.24.2015 governor (Lebanese law), and when it was issued and applied systems of US law stipulates that there should be take measures to prevent the Hezbollah deal with or through foreign institutions and other financial institutions (...), the Governor decided that the banks and financial institutions that are based on full responsibility, the implementation of its operations in line with the content of US law. "

Observers Lebanese believe that what was announced by the Governor of Central Bank of Lebanon means that Hezbollah is, in spite of the influence of the arms possessed, unable to protect himself and his environment and dealing with the ferocity of the US sanctions on financial movement in Lebanon and the world, not to mention that Riad Salameh permanent candidate for the presidency Republic has not been subjected to threats party.

Observers pointed out that the financial sanctions will impact more on the party of the quagmire in Syria because it would prevent him in the future to meet its financial obligations to his fighters, as well as reducing the arms deals, and the loss of the most important paper frightens them Lebanese, including having them accepted by the state within a state.

The economic circles close to Hezbollah has been promoted a few months ago that the party did not have bank accounts or financial activities with the Lebanese banking sector, and to Hezbollah's financial operations are critically directly and not through banks.

But the wrath of the party and its secretary general in recent weeks over the size of the damage done to him, as expressed by the complicity of what was offered by some banks to facilitate financial dealings.

Lebanese sources reported that the circular was not strictly the possibility of opening new accounts in any of the Lebanese banks and in any currency.

The governor of the central bank has pledged in a meeting with Glaser to take action against those targeted economic sanctions Hezbollah figures.

Noted Lebanese banking source that the international community is closely watching the Lebanese banking market and that the safety of the statements that "the application of the law was crucial in order to maintain the credibility of Lebanon in the international markets," and about the refusal to Beirut, to any "financing illegal within our banking system, we do not want to have a few Lebanese reason to poison the image of Lebanon and distortion in the financial markets' is a Lebanese clear message to the international community's determination to Lebanon officially on full consistency with the criteria and conditions and international laws.

He said Lebanon's economic and strategic expert, Jassim Ajaqh, "The bank accounts belonging to Hezbollah, which have been closed so far, are not harmful to the Lebanese economy."

He described Ajaqh, US sanctions as intelligent and the most painful because it is related to the banking and financial sector, "This is what the United States against Hezbollah."

London-based Arab newspaper

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On 5/14/2016 at 9:04 AM, gregp said:

Cross our fingers. Thanks Yota. GM.

Wow..... This thing is about to pop off.... I'm just now seeing this... :praying:

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17 hours ago, Freedomwish said:

Wow..... This thing is about to pop off.... I'm just now seeing this... :praying:

It's coming together.

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Tuesday June 14, 2016 12:55
 
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Alsumaria News / Baghdad 
He called on the Iranian Foreign Minister , Mohammad Javad Zarif , the United States, Tuesday, to do more to encourage banks to work with Iran after the lifting of sanctions.
 

Zarif said at a news conference in Norway, said that "the United States to do more to encourage banks to work with Iran after the lifting of sanctions," adding that "the United States lifted all sanctions on paper.

 

 

He said Zarif, "With regard to banks, I think that it is important for everyone to realize that the agreement would be viable if everybody felt that they are making gains from it," noting that "its application should be hurt in everyone's interest also feel so each party that there are benefits and that there is gain." . 
 
US President Barack Obama stressed on Friday (April 1, 2016), that the nuclear deal with Iran successful so far, but it will take time to return Iran to integrate into the global economy.
 
The Iran and the six - party reached in mid-July an agreement on its nuclear program described the historic , where lengthy negotiations between Iran and the six - party ended with the adoption of comprehensive joint action plan, paving the way for the lifting of economic and financial sanctions imposed years ago at Tehran before the Security Council International, the United States, so if Tehran to implement the terms of the agreement and verify the peaceful nuclear program.
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29 minutes ago, nannab said:

This guy has a creepy smile.

I think he gave  children tours in a chocolate factory. :cigar::cigar::cigar:

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5 hours ago, nannab said:

This guy has a creepy smile.

I agree, Nannab, his picture looks like he is saying, "Come into my parlor said the spider to the fly!"

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EU lifts restrictions on Iran Air lines

 

PM: 10: 44: 16/06/2016Khandan

 

 

 
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Khandan - The European Commission announced on Thursday that Iran Air received a permit to fly , " the majority" reiterated its planes in European airspace. , Said the European Commissioner for transport Violeta Polk said in a statement, " The technical evaluation was conducted in May, shortly after my visit in April , " according to "AFP."she added that "after this evaluation, I am pleased to announce that we are able to allow most of Iran Air planes to fly in the atmosphere of the European Union." the "Iran Air" forbidden from flying without the"Airbus" planes in European airspace. the aviation industry embargoed US since 1995 prevents Western industry sale of aircraft and spare parts to Iran , which led to the work of a section of the Iranian fleet crashes. led sanctions imposed by the European Union and the United States against the backdrop of Tehran 's nuclear program to prevent Tehran from obtaining spare parts required for the maintenance of its fleet.

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History of edits:: 17.06.2016 13:16 • 32 visits readable
White House: the next US president will not tear nuclear deal
{International: Euphrates News} assistant national security adviser at the White House and top adviser to Barack Obama, Ben Rhodes said Washington will remain committed to its obligations in the agreement with Iran on its nuclear program and said the next US president will not tear the agreement.
He said Rhodes, in a statement he made during the meeting of the Council of the Atlantic in response to a question, that the structure of the nuclear deal put many obstacles in front of the next US president to shredded. 
He described such an act that would lead to widening the scope of the crisis in the Middle East , which could lead to nuclear proliferation or the outbreak Other war "and such a decision to not consider Aklaiaa." 
reported {fleeing Ballesa} "these statements launched by Rhodes at a sensitive time, after the threat of Supreme Leader Seyed Ali Khamenei that he would burn the agreement if it launches America on shredded. 
he said that if he proceeded America on any violation of the nuclear deal , it Stalm its partners in the P5 + 1 and that the next US president does not want to make such a situation , for sure. 
He said the US official said "it is essentially Bank does not want to take power with the fabrication of many problems." 
it is said that this statement launched by the US official later days to threaten Mr. Khamenei in his speech last Tuesday in front of senior officials in the country, that Iran will burn the nuclear deal if I am on the other side Tmazigah.anthy
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Italian banks are preparing to hire investment with Iran

economy

 Since 06.18.2016 at 08:33 (Baghdad time)

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Follow-up - the balance of News

Business owners and industries and banks in the province of men said 'Emilia Romagna' in northern Italy during the Forum of the city of Bologna, under the title of 'trade and investment ties with Iran' declared their readiness for cooperation and a shared investment with Iran.

Some 200 experts from the owners, businessmen and representatives of the banking industry also attended the forum in the province.

Said Gino Cookie official Federation of Industries in the Emilia-Romagna province in international affairs that the importance of Iran for industries and companies to maintain increasing day by day due to the return of Iran gradually to free trade and foreign investment, which has yet to conclude the nuclear deal between Iran and the 5 + 1 group.

He added, "It is expected to increase the value of Italian exports to Iran during the next four years to three billion dollars, and the volume of investments in this country will witness a remarkable growth."

For his part, Iranian Ambassador in Italy to the European Jahanbakhsh Mozaffari welcoming unrivaled work with Iran, he said, despite the broken pledges and find hampered by bad Dhamra the nuclear deal is in the application.

"The dam was built in front of Iran's relations with the world, especially the Western countries after the nuclear deal has collapsed, and today the circumstances are changed so that the enemies and bad Dhamra will never succeed in restoring conditions to the former."

He said Mozaffari investors keen and owners of industries in Italy to be present in the Iranian market, "proof of the defeat and the failure of the enemies and Dhamra bad Islamic Republic of Iran and who have tried hard to find a big dent in the application of the nuclear deal and prevent the rebuilding of relations between Iran and other countries."

Italian industrial companies have expressed keenness in the Gathering for trade and investments in the employment demands forIran to attract the Iranian capital to Italy to achieve and implement joint actions and activities. Ended 29/4 e

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Iran's Export Development Bank assesses banking relationships with 120 foreign banks

economy

 Since 06.22.2016 at 08:02 (Baghdad time)

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Follow-up - the balance of News

Iran's Export Development Bank announced that after application of the nuclear agreement establishing the Bank has banking relationships with 120 foreign banks.

She said the public relations of the Bank of the Iranian Export Development said in a statement he was "unjust before the ban imposed on Iran during the 15 years of activity has been the bank's banking relationships with about 400 bank around the world so that these relations were cut during the ban period."

The statement added that "after the initial studies and taking into consideration the Bank's priorities in different countries have sent requests to 277 banks in the different continents and countries to establish banking relationships with them."

The Italy, Spain, Germany, Belgium, Austria, Russia, Turkey, China, Japan, Oman , from the most important countries , which resumed ties with the bank. Ended 29/4 e

 

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support of Hezbollah">image.php?token=288cba0e1da2a4094036df55

 


 

28-06-2016 02:00 PM 
Number of Views: 218


 

 

 

 

 

Iraq today

, The White House on Tuesday warned Iran of Alastmrarha in support of Hezbollah, said Eric Schultz ,his spokesman about the leader , Hassan Nasrallah 's remarks that the party receives his gun and his money and even his food from Iran, 'We demand that each party Hezbollah is funded to stop financing, we realize that Iran funded terrorism, and we know that Iran supports Hezbollah, so we imposed the harshest economic sanctions on them, it is important to be aware of the extent of their involvement in this support. " the spokesman pointed out that the White House is worried about Iran 's ability to reach global markets and the banking system, and added that all banks and international institutions monitor Iran 's behavior and its continued support of terrorism and provide assistance to Hezbollah and warned that it would be for this behavior consequences. the spokesman said that these financial institutions will not want to undertake a transaction with a state sponsor of terrorism, 'we call on Iran to stop supporting Hezbollah and its support for terrorism , because not only is important to national security , but also, because it is not in Iran 's interest. ' questioned the speaker at the possibility that there will be a way to finance Hezbollah by liquidity, and without recourse to the banks and said the United States will use all hand tools , including sanctions to target Hezbollah, which include it on lists of terrorism. he said Schultz 'We recognize that our efforts to ban financial institutions that provide support to Hezbollah through its network of financiers, traders and individuals are very impressive and the penal system create a general atmosphere is prohibited for any financial institution to deal with Hezbollah. " he acknowledged that he If Iran continued to provide financial support for Hezbollah, Hezbollah will continue to support terrorism, but it is linked to Iran 's desire to have access to international banks to stop supporting Hezbollah.

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Khamenei: There is a need to introduce reforms in the oil and new contracts for gas projects

 
Date: July 4, 2016

 
 
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Special - NEN Iraq

Islamic Iranian leader Ali Khamenei , said he would not hold the award of new contracts for oil and gas to international companies without the introduction of necessary reforms. 
What is known as »Iranian oil contract» cornerstone for the return of the production of crude to the level before the sanctions, of four million barrels per day , the country plans , while much -needed member of the «OPEC» the country to $ 200 billion in foreign cash to achieve his goal. 
major oil companies say they will not return to Iran unless the intervention of major changes to the decades «repo» that had been in place in the nineties. Companies such as «Total» French, »Eni: Italian and says she did not earn money but also inflicted losses.
The launch of the contracts has been delayed several times with conservative resistance, rivals of President Hassan Rohani a practical orientation, any agreement could end the « repo »system , which is due to more than 20 years ago, which was forbidden to foreign companies under which registration of reserves on their books or take a contribution in local companies shares. 
the agency quoted Tasnim news agency on Sunday quoted Khamenei as saying «these contracts will not be signed without theimplementation of the necessary reforms within the framework of national interests.» 
was the oil minister, Bijan Zanganeh, said last week that the government would agree to a final draft of the contract after making some modifications to satisfy the critics and foreign companies alike.

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Iran Accuses U.S. of ‘Lackluster’ Implementation of Nuclear Deal

Thursday marks the one year anniversary of the nuclear deal between Iran and the United States and other world powers. Whether the agreement is working depends on who you ask.

To mark the day, U.S. Treasury Secretary Jack Lew and Javad Zarif, Iran’s foreign minister, released dueling statements with opposite takes on the pact. Lew insists the deal, meant to give Iran some economic relief in exchange for curbing its nuclear program, is working. Zarif begs to differ.

 
 

“Iran has benefited economically under the deal, significantly increasing its oil sales, opening more than 300 new bank accounts with foreign banks, negotiating billions of dollars of new lines of credit, and seeing new planned foreign direct investment increase by more than $3 billion,” Lew said in astatement Thursday morning, adopting an oddly cheerleading role for Iran’s benefits from the deal.

Zarif took to Twitter to dispute Lew’s claims, implying that Washington is not living up to the terms of the agreement. He accused the United States of “short-sighted bragging” and “lackluster implementation of obligations.”

On Thursday in Paris, Secretary of State John Kerry admitted Iran was “living up to it is part of this bargain and obligation,” a sentiment the International Atomic Energy Agency agrees with. But Kerry admitted plenty of companies will still find challenges doing business there.

“Nobody pretends that some of the challenges we have with Iran have somehow been wiped away. This program was about a nuclear track and about a nuclear program,” Mr. Kerry said.

Kerry’s comments follow Iranian president Hassan Rouhani’s warningWednesday that Iran would pull back from the deal if the other parties, including the U.S., U.K., France, Germany, Russia and China, did not live up to their promise to ease economic sanctions. Iranian officials have complained that the United States is deliberately discouraging companies from doing business there, a charge the White House denies. Kerry is activelyencouraging European banks to get in the Iran business.

But House Republicans have made clear their opposition to American firms doing business with Iran. They recently passed a series of bills prohibiting a deal between Chicago-based Boeing and Tehran, worth up to $25 billion. The GOP is also pushing multiple Iran sanctions bills before the summer recess, something Democrats are refusing to support.

The Treasury Department also has yet to approve a Iranian deal with Boeing’s rival Airbus, which reached a $27 billion agreement with Tehran in January to sell Tehran 118 aircraft.

European businesses have been hesitant to resume dealing with Iran, leery of running afoul of U.S. sanctions over human rights abuses and terrorism. And international banks have been wary of stepping into the regulatory minefield the Treasury Department has laid around Tehran. There are sanctions still in place, like prohibitions on using dollars in trade with the country, that any potential business partner will have to wrestle with

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History of edits:: 16/07/2016 10:13 • 46 visits readable
The lifting of restrictions on the Iranian international shipping industry in full
{International: Euphrates News} announced the president of the Association of shipping Massoud Plumh, on Saturday, that there are no restrictions an international in the shipping industry, saying "we are Anusband any problem in the field of sailing Iranian ships to ports International and the entry of foreign vessels into waters of Iran."
Quoted news sites for Plumh saying today that "after the implementation of the agreement drupe lifted gradually sanctions on the movements of ships carrying Iranian Information in international ports and continued it allows for companies shipping Iranian sail to all ports international." 
He stated that "after the implementation of the nuclear deal was canceled the ban imposed on the shipping industry of Iran, due in US intervention to prevent exchanges Iran trade with the countries of the world where able the Iranian ships currently sailing of United States ports and its allies. " 
He added that" the government should facilitate the conditions in the Iranian ports and specifically in ports {Rjaیa and Bandar Abbas and Jabhar} for the development of investment in the country due to the keenness of foreign investors to participate in the projects in this area , "noting that" the government agreed to develop noticeable reductions for ships transporting goods to Iran ".anthy
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Trump and the rise of the separation of Britain from Europe

 
Iran's growing problems with global banks
 

LONDON (Reuters) - Britons hit the vote to approve the secession of their country for the European Union and the rise of the US presidential candidate Donald Trump efforts by Western governments efforts to encourage international banks hesitant and reluctant to deal with Iran in a state of paralysis.

And works ambiguity of the image on the thwart Tehran 's efforts to attract foreign investment to stimulate the faltering economy. In essence , the uncertainty in the economic and political future of Britain and the prospect of the arrival of Trump , who wants to cancel the nuclear deal with Iran to the White House , but whether Western banks will be breaking US sanctions imposed on Tehran if implemented dealings with the Islamic Republic.

Iran's failure to take full advantage of the global financial system after a year of signing the nuclear agreement with the major world powers to heightened political differences internally has resulted.

It also increased the pressure on President Hassan Rowhani on the next presidential elections next year, which gambled nuclear agreement in order to attract foreign investment to help raise living standards.

Under the agreement, formally lifted the international financial sanctions imposed on Iran in January, however, did not Tehran's banking relationships only with a limited number of foreign banks and institutions Minor.

A senior Iranian official said Tehran was considering the alternatives available, pointing out that Iran will continue to work with the banks and micro-enterprises as long as the major European banks are reluctant to return to Iran.

He added: "We estimate that this uncertainty will continue a few years. We are in talks with many countries including China, Russia and African countries to expand banking cooperation in order to solve the existing banking and financial problems."

US banks are still prohibited from dealing with Iran under US sanctions are still in force. European banks are also faced with major problems on her head rules prohibit doing business with Iran in US dollars and be completed through the US financial system.

And tension still haunt the banks in the wake of a series of huge US penalties including a fine of nine billion dollars at the French bank BNP Paribas in 2014, mainly due to a violation of US financial sanctions.

Lingered and waiting for Britain, it says it is still committed to addressing the concerns of banks , while the US Treasury says it will not stand in the way of any illegal dealings with Iran.

However, Iranian officials and foreign bankers believe that the political turmoil in Britain after the referendum distracted governments in London and other European capitals, while the likelihood of injury to the UK economy because of it shocked you would pay into recession has increased warned banks

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Iran starts using the new oil and gas contracts
 

Dubai (Reuters ) - The Web site of the Ministry of Information of Iranian oil on the Internet (Shana) on Monday that Iranian Vice President Isaac Jhangeri request from the ministries of oil and finance to start using the new version , which won approval from the oil and gas deals decades. And delayed the launch of the new oil and gas contracts several times in light of opposition from hard line opponents of President Hassan Rohani any deals that could end the repurchase , which prevents foreign companies from owning stakes in companies Iranian regime.

Shana and publish the conditions and the general rules for contracts for new oil and gas division, which includes the new contracts into three main categories, a site of exploration and development of discovered fields, including leading the production alongside enhanced oil extraction in order to increase production.And it allows for the oil ministry signed contracts of up to 20 years from the start of development operations. It can extend the five-year period if the use of enhanced oil extraction techniques in the fields.The contracts will be paid fees in cash or in the form of a share of production.

We can not enter into a partnership with the only exploration companies Iranian production and foreign oil companies, which approved the eligibility of the National Iranian Oil Company. And it allows national oil company signed a buyback to develop the discovered fields undeveloped decades after receiving approval from the Minister of oil based on each individual case.

 

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