(MENAFN) Royal Dutch Shell, Total and Lukoil are among global top behemoths, which have chosen oil and natural gas deposits to develop in Iran as the holder of the world's fourth-largest crude reserves, reflect USD30 billion worth of projects.
It seems that major companies from all around the globe are interested in acquiring a slice of the pie; the US, Europeans and the Asian; they all can't wait to ink major deals as soon as possible, as explained by National Iranian Oil Co.
Accordingly, Iran is anxiously preparing and sorting things out for the end of sanctions that have stifled its energy production, hence all its banking and economic sanctions will be lifted by the first week of January.
"We are very interested to come back to Iran when the sanctions are lifted soon and if the contracts are interesting," stated Total's head of exploration and production in the Middle East in a recent press conference.
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