ID :
332610
Thu, 06/19/2014 - 08:35
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MP Lauds Oil Ministerˈs Decision To Suspend Unfair Oil Contracts With China

Tehran, June 19, IRNA - Spokesman for Majlis Energy Commission Hossein Amiri-Khamkani on Wednesday lauded Oil Minister Bijan Namdar Zanganeh for his timely decision to suspend unfair oil contracts signed with China by the tenth government. That fact is that the former government had kept secret the signing of such unfair oil contracts with China and never let Majlis overlook them, he said. Chinese oil companies took advantage of economic sanctions imposed on Iran and signed some unfair contracts with the country, he said. The mismanagement of the former government in the Iranian oil ministry was another reason behind the issue, he said. The former government refrained from informing the Majlis of the contents of oil contracts with China and today it was clear that they made some outstanding mistakes in inking the oil deals with Chinese companies, he said. On oil fields shared with other neighboring states, he said Iran also has suffered huge losses in this sector as the other sides have pumped more oil from the joint-fields than Iran./end

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