UPI: Iran Awaits Austrian Energy Investments

Iran is preparing to welcome Austrian oil and natural gas company OMV back to the energy sector as sanctions pressure eases, a deputy Iranian minister said.

Austrian President Heinz Fischer arrived Monday in Tehran, leading business delegates to the country to review potential trade relations with the Islamic republic.

Amir-Hossein Zamani-Nia, the Iranian deputy oil minister in charge of international affairs, told the oil ministry's officials news site SHANA, the Iranian energy sector was opening its doors to investors.

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