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Iran eyes US$25b in investments from 50 oil & gas deals

International oil majors are weighing a return as sanctions are expected to be lifted in early 2016

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Mr Zanganeh says that consultations with international companies have led to the new Iran Petroleum Contract which will launch joint ventures for crude oil and gas production.

Teheran

IRAN is seeking US$25 billion in investments from 50 deals involving international oil and gas companies, foreign executives were told on Saturday in Teheran as the government outlined new contractual terms.

Oil Minister Bijan Zanganeh opened a two-day conference in the