TEHRAN Oct 28 (Shana)--The managing-director of National Iranian Oil Company (NIOC) has named a new chief at the head of the state-run companys legal directorate. Rokneddin Javadi on Monday appointed Ali-Akbar Mahrokhzadeh to replace Mahmoud-Reza Firouzmand. Javadi said the NIOCs Legal Directorate is expected to make sure that Irans interests are ...

TEHRAN (FNA)- The director for legal affairs of the National Iranian Oil Company (NIOC) said buy-back contracts have attracted only 50 billion dollars in investment for Irans petroleum industry in the last 15 years. Under the best circumstances, the implementation of these contracts over 15 years attracted at most 50 billion dollars for the countrys ...