Several HOAs to Be Signed by March 20

Manouchehri made the remark in Tehran on Friday, after a visit to the 22nd Press Exhibition. 

He said the US presidential election results will have not the least effect on presence of International companies in Iranian oil industry.

“Naturally, the US will not be pleased with inking of an agreement between Iran and French Total for development of the phase 11 of South Pars.”

He added that talks with Iranian companies for presence in Iranian oil fields will soon result in inking of the second HOA agreement.

He noted that the text of the new oil contract will be finalized in the near future.