National Security Council reviewing new Oil Contract Model

By John Lee.

According to Reuters, Iran’s Supreme National Security Council (SNSC) is still reviewing the new Iran Petroleum Contract (IPC) model.

Oil Minister Bijan Zanganeh was quoted as saying that the contracts appear to face fresh delays; it has been delayed several times due to opposition from hardline rivals of President Hassan Rouhani.

Zanganeh did not say how long the review might take.

(Source: Reuters)

(Picture: Tasnim, under Creative Commons licence)

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