US Energy Delegation to Visit Iran This Week

An American delegation is expected to visit Iran this week to discuss various energy related issues.

A delegation of oil dealers and investors is scheduled to have a business tour of Iranian oil industry and meet with Iranian authorities this week, Mehr News Agency reported Monday.

Deputy petroleum minister of Iran, Abbas Sheri-Moghaddam, who confirmed the news, said he expects more cooperation with US companies on Iran’s oil and gas projects after the removal of sanctions.

“It is predicted that following the visit by the American delegation to Tehran and possible removal of sanctions against the oil industry, we will witness the presence of major international US oil and gas companies in Iran in future,” Sheri-Moghaddam said.

The minister added that some European-American companies have also expressed interest in participating in new petrochemical projects in Iran.  Companies from Germany, Italy, and the Netherlands are willing to invest in petrochemical projects of Iran, he said.