Deputy Minister of Oil of Iran Amirhossein Zamaninia said that recently many foreign delegations from France, Germany, Azerbaijan, Turkmenistan, Italy, Japan, India and other countries traveled to Iran.
"All European delegations (Italy, France and Germany) were serious about resuming cooperation with Iran after the lifting sanctions, but it seems Germans overtake others," ISNA quoted Zamaninia as saying August 13.
Referring to Iran`s cooperation with Russians and Chinese during the sanctions period, he said that all nations have their own place, but Russia and China have shown that they are more reliable in "difficult situations".
Several high ranking European delegations also plan to visit the country in the near future to explore the avenues to promote trade ties with the Islamic Republic. The visits follow a breakthrough in Vienna last month by Iran and the P5+1 group of countries – the five permanent members of the Security Council plus Germany – over the Iranian nuclear program.
Iran needs $185 billion and $70 billion in upstream oil and gas projects as well as petrochemical projects respectively by 2020.
It`s expected that the sanctions on Iran will be eliminated by the end of 2015.
Iranian oil official predicts co-op with Germans first
13 August 2015
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Iranian top oil official says cooperation with Germans may start sooner than with other foreigners.
