According to
KEPCO, Ali Osuli told a strategic meeting of the company, which was attended by
Reza Dehghan, deputy director of development and engineering at the National
Iranian Oil Company, that: "Better results could be expected if foreign
companies joined the oil and gas projects in the Caspian Sea region, but we
would not wait for them and continue executing projects by relying on domestic
capabilities.”
He said
KEPCO had signed a number of MoUs with foreign companies following the Joint
Comprehensive Plan of Action (JCPOA), adding if the companies never showed up
for working in the projects, KEPCO would continue its operations by relying on
domestic capabilities, Shana wrote.
The CEO of
Khazar Exploration and Production Company said: "In the past, the
country's authorities viewed the Caspian region fairly politically and from the
security point of view, but today, given the actions and exploration activities
of KEPCO, which led to the discovery of the Sardar Jangal Oilfield, the views
of the authorities towards the Caspian Sea have shifted from a political
perspective to an economic one.”
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