TEHRAN, Jan. 3 (Shana) – Managing Director of the National Iranian Oil Company (NIOC) said that HSE tops the list of Iran’s expectations to be observed by the international companies which are going to take part in the NIOC’s projects.

“In addition to observing the health, safety, and environment (HSE) standards, the foreign parties are required to increase the role of Iranian manufacturers and industrialists in the oil and gas projects,” Rokneddin Javadi told Shana.

He said that transfer of technology is the third demand on the foreign partners and added, “If they are interested in investing in manufacturing of goods in Iran, we will definitely welcome their initiative.”

According to Javadi, the newly-introduced Iran Petroleum Contracts (IPC) provide for the companies to secure a longer presence of one or two decades in the projects in Iran for implementation of their contracts.

“We are not merely thinking of oil and gas fields,” he added, “Rather we need the development of appropriate infra-structures.”

“We expect that development of the infra-structures will be considered in their proposals and that considering the social responsibilities with regard to the Iranian culture and the demands of the areas where investment is going to be made will be put on the agenda.”

The tender contracts for the development of the joint oil and gas fields have the priority, he said urging the foreign companies to focus their attention in this field.

By SHANA