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No American Manipulation of Iran Energy Sector

Source: www.gulfoilandgas.com 8/25/2015, Location: Asia

Iranian Petroleum Minister Bijan Zangeneh said Iran does not allow any companies from the US or other countries to manipulate Irans energy sector.

"We will allow neither the US nor any other country to be in control of Irans energy sector," said Zangeneh, addressing reporters in a press conference on Tuesday.

He said Iran would not even allow its allies to gain manipulate its energy sector, adding, "Irans cooperation with foreign companies is aimed at maximizing its interests only."

Pointing to privatization of the petrochemical industry in Iran, he said the policy was performed hastily and led to formation of monopolies in certain parts.

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