NIOC - page 8

EghtesadOnline: Managing Director of National Iranian Oil Company ( NIOC ) Ali Kardor said that the first international oil tender based on new Iran’s Petroleum Contract (IPC) would be held mid October.

EghtesadOnline: A senior oil official said that companies from Norway, the Netherlands and Britain have so far voiced interest in conducting research about oil and gas fields situated in the Caspian Sea.

EghtesadOnline: National Iranian Oil Company ( NIOC ) said in a statement on Monday that the new oil contracts do not envisage ownership right for developers and they will only be paid by NIOC upon completition of the projects.

EghtesadOnline: Deputy Minister of Petroleum and Managing Director of National Iranian Oil Company Ali Kardor said on Saturday that the NIOC is ready to entrust projects for development of the small and mid-sized oil and gas fields to qualified Iranian companies under certain conditions.

EghtesadOnline: Iran’s state-run oil company is said to be in talks to sell more crude to oil trader Trafigura Group, including via a potential long-term deal, in a strategy that may help it break into the market to supply China’s independent refiners.

EghtesadOnline: Director for International Affairs of National Iranian Oil Company ( NIOC ) Mohsen Qamsari acknowledged continuation of Iran's crude oil export to Europe and said that NIOC is trying to turn spot contracts to long-term contracts to European customers.

EghtesadOnline: Oil ministry is not still definite about giving development project of Yadavaran and North Azadegan oil fields to Chinese companies, an official said.

EghtesadOnline: Managing director of National Iranian Oil Company ( NIOC ) said the company is preparing the preliminaries for issuing the first tender based on newly-developed oil contracts to develop the country's oil and gas fields, adding the company will release a vendor list of eligible international energy companies for developing the fields.