Telegram founder agrees to register service in RussiaBusiness & Economy June 28, 16:50
St. Petersburg City Assembly votes against referendum on St. Isaac’s Cathedral issueSociety & Culture June 28, 16:43
Russia’s advanced Lider-class destroyer to get nuclear propulsion unitMilitary & Defense June 28, 16:06
Russia restarts production of engines for shipborne fighter jetsMilitary & Defense June 28, 15:54
Russian senate speaker calls for international cooperation in fight against cyber crimeRussian Politics & Diplomacy June 28, 15:46
Kremlin says ‘Petya’ ransomware attack validates Russia’s call to fight hackersRussian Politics & Diplomacy June 28, 14:51
Russian Navy may get new advanced aircraft carrierMilitary & Defense June 28, 14:39
Russia will boost military power against potential aggressors, Putin saysRussian Politics & Diplomacy June 28, 14:13
Moscow warns US against irresponsible steps in SyriaRussian Politics & Diplomacy June 28, 13:59
MOSCOW, January 4. /TASS/. Iran has admitted over 20 international energy firms, including Gazprom, to tenders for the country’s new oil and gas projects, the National Iranian Oil Company (NIOC) reported on its website on Wednesday.
The list includes France’s Total, Anglo-Dutch Shell, Italy’s Eni, China National Petroleum Corporation (CNPC), Malaysian Petronas and others.
"Iran plans to award new projects to the companies it has qualified through a new format of oil sector contracts," the NIOC said.
The new format is replacing buyback deals. Under a buyback deal, the host government agreed to pay the contractor an agreed price for all the volumes of hydrocarbons the contractor produces, the NIOC said in a statement.
"But from now on, the NIOC will set up joint ventures for crude oil and gas production with international companies which will be paid with a share of the output," the statement said.