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World / Middle East

Iran cancels London oil conference over visas; bids for new contracts in May: Seda weekly

Published: 30 Jan 2016 - 09:13 am | Last Updated: 16 Nov 2021 - 11:02 am
Peninsula

Iran has cancelled an oil conference in London next month, when Tehran was expected to reveal its new oil and gas contracts to investors, apparently over a delay in getting visas, the Seda weekly on Saturday quoted a senior Iranian official as saying.

The deputy head of National Iranian Oil Co. also said foreign companies would be invited in May to bid for new oil contracts.

"The London conference has been cancelled because the British embassy in Tehran could not issue visas for representatives of Iranian companies as its visa section has yet to become active," Ali Kardor told the weekly. "And they had to acquire their visas from a third country."

Reuters