Iran, France to Discuss Iranian Gas Projects

Iran and France would be in discussion regarding latter’s participation in Iranian gas projects, reported Fars News Agency Tuesday.

“In coordination with Iran's embassy in Paris, we will meet and confer with French investors, experts, and industrial executives, in addition to a group which has 100 French companies as members tomorrow,” Araqi who is currently in Paris to take part in the World Gas Conference told reporters on Tuesday.

A government source told Fars News that number of European oil and trade delegations, including some from the EU member-states, have visited Iran and held talks with senior oil industry officials to discuss import of Iran's gas and also investment in industry.

In April, head of the oil ministry's Committee for Oil Contracts Revision Seyed Mehdi Hosseini said that the ministry is negotiating with energy firms over investment in Iran's energy sector, and the revised oil contracts will be presented at a gathering in London later this year.

"As planned, the revised contracts will be unveiled in the presence of representatives of all major oil and gas companies in London in September 2015," Hosseini told Fars News.

He noted that the outcome of the recent nuclear negotiations in Lausanne, Switzerland, will have positive outcomes for the conclusion of contract with foreign oil firms.