EU oil firms eager to resume Iran ties: Report

The headquarters of French energy giant Total in Paris (file photo)

 

The executives of some major European oil companies have reportedly visited Iran to re-establish energy ties with the Islamic Republic.

The executives of European energy firms including France’ Total and Italy’s Saras have visited Iran in recent weeks to hold talks with the National Iranian Oil Company (NIOC), Reuters reported on Thursday.

Meanwhile, other European oil firms have expressed willingness to return to the Iranian market.
“The best way for companies like us to go back to Iran is to follow strictly the sanctions and push both parties to reach an agreement which will lead to the lifting of sanctions one day,” Chief Executive Paolo Scaroni of Italy’s multinational oil and gas company, Eni, told reporters in Davos, Switzerland, on Thursday.

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