Iran: Foreign Oil Firms Must Accept New Terms To Work In Country

Foreign energy firms and contractors have to accept Iran’s new terms and conditions if they return to work in the country, Iran’s Oil Minister Bijan Zanganeh said on Monday. “If foreign companies come (to Iran), we will cooperate with them, but it doesn’t mean that we would abandon what we have achieved,” Iranian Tasnim News Agency reported, quoting the minister as saying on the sidelines of a ceremony on the signing of contracts with local firms to boost Iran’s crude oil production capacity. Foreign oil companies…