Oil Giants Total, Shell to Open 200 Gas Stations in Iran

Oil Giants Total, Shell to Open 200 Gas Stations in Iran © AFP 2015/ ERIC PIERMONT

21:49 02.10.2015(updated 21:56 02.10.2015) Get short URL
http://sputniknews.com/middleeast/20151002/1027940934/gas-iran-total-shell.html

Iran has issued permits to France’s Total and Anglo-Dutch Shell to open 200 gas stations in Tehran and other Iranian cities, Head of Iranian Society of Gas Station Owners (ISOGSO) Bijan Haj Mohammadreza said Friday.

MOSCOW (Sputnik) — According to the Iran Daily newspaper, negotiations on the issue of the specific locations of the gas stations have begun.

Up to now, all gas stations in Iran belonged to the National Iranian Oil Products Distribution Company (NIOPDC).

The situation changed after Iran and the P5+1 group of world powers — including Russia, the United States, China, France and Britain plus Germany — reached a deal in July to monitor and limit Tehran’s nuclear program in exchange for the easing of international sanctions, which opened the way to increased energy and weapons sales.

Leave a Reply