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12.10.2016 09:31
Shell Wants to Return to Iran
The Anglo-Dutch Royal Dutch Shell has signed a letter of intent as a sign of its interest to work with Iran's National Petrochemical Company
AUTHOR: publics.bg


  • © Shell

A senior official with the Anglo-Dutch Royal Dutch Shell told Iranian news agency Shana the oil company has had intense talks with the National Petrochemical Company (NPC) for restoring its presence in Iran's energy projects.

Speaking to Shana prior to signing a letter of intent (LoI) in Tehran on Sunday, Hans Nijkamp, Shell Vice President for Iran, said "We have been in discussion with the NPC for some time to come to this Letter of Intent signing ceremony"

Nijkamp stressed that the LoI was the result of very preliminary discussions the two companies have had about projects they could do together. In his view it would ultimately lead to the creation of a sort of a joint venture agreement”, but that it was too early to precise any timeline.

"We think we can work together with the NPC very well to deliver petrochemical projects in the country here. Shell is a company with a lot of experience in both advanced technologies, and project management skills and we are concentrated on local content when we do our work”, Nijkamp.

He said gas-based cracker, diesel, and gas to liquids are some of the areas among many other things Shell can do in Iran.


TAGS: Shell | Iran | letter of intent | oil | gas | gas to liquids | diesel | gas-based cracker | energy | joint venture 


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