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World

Shell, Total get first foreign gas stations in Iran

Associated Press
October 2, 2015 | 5:00pm
TEHRAN - Iran's state TV is reporting that Royal Dutch Shell and France's Total will be the first foreign companies to be allowed to operate gasoline stations inside Iran.
 
The Press TV English-language channel quotes the head of Iran's filling stations union, Bijan Haj Mohammadreza, as saying 100 new licenses have been issued to each company.
 
Until now, the only retail service stations belonged to the National Iranian Oil Products Distribution Company.
 
The agreement comes after Iran and world powers reached a deal in July that curbs the Persian country's disputed nuclear program in return for the lifting of international economic sanctions.

vuukle comment

AGREEMENT

ALLOWED

BELONGED

BIJAN HAJ MOHAMMADREZA

COMPANY

DIV

IRAN

NATIONAL IRANIAN OIL PRODUCTS DISTRIBUTION COMPANY

NBSP

ROYAL DUTCH SHELL AND FRANCE

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