The preliminary deal with Iran set high hopes for the opening up of the country’s hydrocarbon sector, if sanctions were to be gradually removed. However, significant challenges remain. Chief among these challenges is the current contract model that Iran uses.
Anadolu News Agency from Turkey spoke with Sijbren de Jong (HCSS) and Cyril Widdershoven (TNO) on the drawbacks of Iran’s current contract scheme and what needs to change.
The full interview can be read here.