Shell, BP, Total, Statoil and Eni were among 137 foreign players and a total of 335 companies that attended the Tehran IPC conference on Saturday and Sunday, but US companies did not attend. Other notables in attendance were Repsol, Lukoil, Gazprom, Inpex, Petronas, Schlumberger, Technip and Kvaerner.
Oil Minister Bijan Zanganeh unveiled the new Iran Petroleum Contract model that, while admitting was “not perfect or ideal”, was an “effective and responsive model” for both Iran and interested companies.
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