Iran has denied reports that Tehran is in talks with US energy firms for cooperation in the post-sanctions era.

Managing Director of the National Iranian Oil Company Rokneddin Javadi denied reports about negotiations with US firms over cooperation in Iran�s oil industry in the wake of sanctions removal, Natural Gas Asia reported.

�Numerous companies have expressed readiness to participate in the post-sanctions oil industry of Iran. However, no US firms were present among them,� he told state-owned media outlet Shana.

However, Javadi added that Tehran is open to all investors to finance Iran�s oil industry projects in a competitive setting.

Talking about the date of inauguration of phases 15 and 16 of the South Pars Gas Field, Javadi said, �We are ready to open the phases and waiting for the date to be set by the Presidential Office."

By Financial Tribune