Iran, Norway DiscussDeepwater Oil Discovery
An expert meeting was held in Tehran between a visiting Norwegian delegation and executives of Khazar Exploration and Production Company (KEPCO) to explore avenues of petroleum cooperation now that the international sanctions on Tehran’s unclear program are lifted. Norwegian ambassador to Tehran, who attended the meeting, voiced his country’s interest to engage in trade cooperation with Iran, saying that a favorable opportunity has risen for restoring cooperation between the two countries. Norheim Aud Lise said after removal of the sanctions, trade level between Iran and other countries will enhance and therefore, the coming years will be of utmost significance in terms of enhancing economic activities. For his part, KEPCO acting managing director Farhang Khatibi underlined the vast potentialities for expansion of ties between Iran and Norway in the energy sector which will be economically useful for the two countries.
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