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Shell joins queue of investors waiting on Iran oil contracts

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Robin Pagnamenta Energy Editor: November 23 2015

Iran will fire the starting gun this week in a race to develop some of the world’s biggest oil and gas reserves when it reveals the terms for new oil contracts to foreign investors, including Royal Dutch Shell.

The Anglo-Dutch oil giant will be among a slew of companies participating in the Tehran Oil Conference in the Iranian capital on Saturday and Sunday. Lukoil, of Russia, and Total, of France, are also expected to attend.

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