Minister of Petroleum Bijan Namdar Zangeneh revealed that the original conference to introduce Iran Petroleum Contract (IPC) as well as Iran oil development projects to foreign investors would be held in Tehran instead of London, reported the news agency of Iran oil ministry.
According to him, the companies which miss Tehran conference could attend London conference.
The final approval of Iran Petroleum Contract (IPC) by the Cabinet is expected within the next couple of weeks.
Tehran conference is supposed to be held in H2 of November 2015. No announcement has been yet made regarding how and when the conference will be held.
London conference was recently postponed from 14th -16th December 2015 to 22-24th February 2016.