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Terms Of Running NIOC Tender Bids Soon To Be Announced

TEHRAN, Oct 10 ,2016– Deputy Head of National Iranian Oil Company (NIOC) for Hydrocarbon Source Projects Karim Zobeidi says terms and conditions of running new oil tenders will be announced soon. Zobeidi said regarding importance of safeguarding national interests in the new model of oil contracts, the framework for evaluation of qualification of companies volunteering to run international bids has been drawn up and it will be announced in an international notice. He said the NIOC will soon start pre-qualification of the bidders of tenders for oil industry development projects. He added that such an evaluation will be made in the level of international companies. Concluding his remarks, Zobeidi said the companies will be evaluated on the basis of potential and number of projects they have implemented inside and outside the country.