Log in
Lost password
Become a member for free
Sign up
Sign up
Dynamic quotes 

4-Traders Homepage  >  News  >  Business Leaders  >  All news

Business Leaders

Latest NewsCompaniesMarketsEconomy & ForexCommoditiesHot NewsMost Read NewsRecomm.Business LeadersCalendar 
HomeAll newsMost read newsBusiness Leaders Biography 
Birthday : 08/30/1930
Place of birth : Omaha (Omaha) - USA
Biography : Mr. Warren E. Buffett is Chairman & Chief Executive Officer at Berkshire Hathaway Assurance Corp., C
The feature you requested does not exist. However, we suggest the following feature:

NIOC National Iranian Oil : Senior Oil Official: Iran Putting Final Touches to IPC Contracts

02/07/2016 | 12:50am US/Eastern

'So far, no contract has been signed and even the text of this model of contracts has not been readied yet,' Bijan Zangeneh said.

'The drafting of the contracts is under way and we will negotiate with (foreign) companies after finalization,' said the minister.

He added that petroleum ministry officials are open to discuss the framework of the Iran Petroleum Contract (IPC) - drafted to replace unattractive buybacks - to assuage their concerns.

'I agree that there are concerns about oil and there have always been (such concerns). We want to give assurances provided that the critics are for negotiations, are rational and observe the minimum criteria,' said Zangeneh.

He dismissed criticisms that foreign companies should not be engaged in oil contracts with Iran.

'Development of oil production capacity with focus on joint fields with a view to enhance recovery rate is enshrined in the general policy (of oil plans),' said Zangeneh.

'I'm sure that the lawmakers who are critical of this framework have goodwill. Although they are opposed to me, their intention is the development of the country,' he said.

NIOC - National Iranian Oil Company issued this content on 07 February 2016 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 07 February 2016 05:49:20 UTC

Original Document: http://en.nioc.ir/Portal/home/?news/81365/71248/169027/Iran-Putting-Final-Touches-to-IPC-Contracts

React to this article
Latest news about Warren Buffett 
01/30DJWARREN BUFFETT : Buffett Takes Show Online
01/27 WARREN BUFFETT : Investor calls on Yahoo, Viacom to take on 'Buffett-like' partners
01/14 WARREN BUFFETT : Buffett expands oil bet, buys more Phillips 66
01/13 WARREN BUFFETT : Federal probe sought for Buffett's mobile home unit
2015 WARREN BUFFETT : Sage of Manchester? Buffett-inspired investor tops UK stock-picking league
2015DJWARREN BUFFETT : New-Car Dealers Shine in Merger and Acquisitions This Year
2015DJWARREN BUFFETT : Hillary Clinton's Tax Plan Backed by Warren Buffett
2015 WARREN BUFFETT : Warren Buffett cuts Munich Re stake to below 5 percent
2015 WARREN BUFFETT : Buffett reports 8.02 percent stake in Sears' REIT Seritage Growth
2015 WARREN BUFFETT : Exclusive - Buffett's banker Trott looks to Europe with London office - sources
2015DJWARREN BUFFETT : Buffett Bolts From Herd in Bet on Big Blue
2015DJWARREN BUFFETT : Warren Buffett Has an Image Problem
2015 WARREN BUFFETT : Berkshire profit doubles to record on Kraft Heinz
2015DJWARREN BUFFETT : Warren Buffett's Lucky Millionaires Club
1  2  3  4  5  6  7  8  9  10Next

Most Read News 
02/05 LAKSHMI MITTAL : ArcelorMittal to raise $3 billion after Chinese steel exports hit profits
02/01DJERNIE HERRMAN : The tjx companies, inc. announces election of ernie herrman to ceo; carol meyrowitz becomes executive chairman
02/01DJMARISSA MAYER : Yahoo's Mayer to Unveil Cost-Cutting Plan
02/02DJIGOR SECHIN : Russia's Sechin Meets Venezuela Oil Min, Head of PdVSA - Rosneft
02/04DJANNIKA FALKENGREN : Skandinaviska Seb Full Year 2015 - Operating Profit Sek 20,865m (23,348) Fourth Quarter 2015 - Operating Profit Sek 5,505m (6,557)
02/01 OLIVIER BOHUON : Smith & Nephew CEO Bohuon diagnosed with cancer
More news

Popular Business Leaders 
William Ackman Sheldon Adelson Anil Ambani Bernard Arnault Ernesto Bertarelli Luc Besson Vincent Bolloré Martin Bouygues Warren Buffett Benjamin De Rothschild Paul Desmarais Pierre Fabre John Fredriksen Bill Gates Philip Green Carl Icahn Li Ka-shing Maurice Lévy Lakshmi Mittal Rupert Murdoch Jean-charles Naouri Xavier Niel Larry Page Nelson Peltz Johann Rupert Carlos Slim George Soros Donald Trump Alain Weill Cyril Zimmermann
A-Z Business Leaders