TCCIMA backs new oil contract model
Head of Tehran Chamber of Commerce, Industries, Mines and Agriculture (TCCIMA) energy committee said the committee is planning to hold a series of meetings to portray the real image of the newly-developed oil contracts model to extend its support for the model.
Addressing the 23rd energy committee gathering on Wednesday, Mansour Mo’azzami said all the views by foundations such as the chamber of commerce, the Iranian Parliament and the Expediency Council must be presented in an integrated manner to the administration for consideration and inclusion in the oil contracts model, Shana reported.
He said the TCCIMA energy and environment committees intend to hold several sessions in support of the newly oil contracts model and present the real image of the model.
Also, Director of Legal Affairs of National Iranian Oil Company (NIOC) Ali Akbar Mahrokh said on Wednesday that the draft of the newly-devised oil contract model is being drawn up and its final version will be released in the near future.
Iran is devising a new model for its oil contracts to sweeten oil and gas projects for foreign investors willing to join energy projects in a ban-free Iran.
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