Deputy oil minister said Total S.A. Company has put forward a proposal to cooperate in development of Phase 11 of South Pars gas field.

President Hassan Rouhani says Iran has no problem with cooperation with American companies.

Managing Director of National Iranian Oil Company (NIOC) Ali Kardor says the NIOC will as of next week start calling on credited international companies to deliver documents to run contract tenders.

Deputy Head of National Iranian Oil Company (NIOC) for Development and Engineering Affairs, Gholam-Reza Manouchehri, says development of Iranian oil fieds will be entrusted to powerful companies.

Head of National Iranian Oil Company (NIOC) and Russian oil company LUKoil met on Monday to discuss development of Ab Teymour and Mansouri oil fields

Managing Director of National Iranian Oil Company (NIOC) Ali Kardor says delay in development of offshore joint fields is not wise.

Majlis Research Center says increase in production and export of oil is possible for Iran.

Managing Director of National Iranian Oil Company Ali Kardor says oil industry development projects can be implemented if necessary financial resources are met.

The First Vice-President Eshaq Jahangiri says investment in joint oil and gas fields should be expedited.

Iran’s gas industry is five decades old now. When the industry started work the main objective was to export gas. To that end, Iran’s first gas refinery pumped gas to the then Soviet Union before it would be delivered to Europe.