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News ID: 2335
Iran » Iran
Publish Date: 13:46 - 07 October 2013
Tehran, YJC. The Majlis is devising a procedure to oversee the 11th administration’s dealings with Western oil companies as the Iranian Oil Ministry has started negotiations with giants such as Shell and Total.
An informed source in the Majlis says that in line with its observatory role on the actions of executive forces, the Majlis is considering oversight to the government’s dealings with big oil companies of the West, Mehr reports.

He added "The Article 90 Committee of the Majlis is to follow the Oil Ministry’s new contracts with Western companies with special care.”

"No investigation has yet been made in this regard and only for the importance of oil contracts with Western companies, the Majlis is considering the issue,” he further commented.

Pointing to new attempts by oil giants such as Shell and Total to make their way back to the Iranian oil, the Actant Deputy of Oil Ministry in International Affairs and Commerce Mansour Mohazami had earlier said that negotiations with big companies have started, but they are not to reach anywhere in one day.

"With improving diplomatic relations between Iran and foreign countries in the past few weeks, there has been a lot of requests by foreign companies to return to the [Iranian] oil industry,” he had added.

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