BP to open Iran office in summer

BP to open Iran office in summer
# 06 May 2016 12:49 (UTC +04:00)

Baku - APA-Economics. British oil giant BP will open an office in Iran this summer, according to Rokneddin Javadi, chairman of the National Iranian Oil Company, the Wall Street Journal reported.

Quoted on the state-owned oil news service Shana, Mr. Javadi said BP is looking to transfer technology and capital to Iran. BP declined to comment.

BP’s CEO Bob Dudley previously has been cautious on investing in the country. Speaking earlier this year, he said his company would choose opportunities carefully.

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