Iran’s Petropars eyes foreign oilfields

July 21, 2007 - 0:0

TEHRAN – The managing director of the Petropars Company said here on Friday that the company is seeking a long-term concession or possession of the foreign countries’ oilfields.

Talking to reporters, Gholamreza Manuchehri added that Petropars could hold the shares of an oilfield for 30 years. Negotiations are underway in Venezuela and Africa, he said