Eni's CEO is the first to meet with Iran oil minister

|By:, SA News Editor

Paolo Scaroni of Italy's Eni met with Iranian Oil Minister Bijan Zanganeh today, the first western oil CEO to meet publicly with the minister since last month's nuclear deal.

The talks came after Zanganeh named Eni as one of the western companies he hoped would invest in Iran's energy sector, and covered debts Eni is owed by Iran for previous investment and future terms for foreign companies to help revive Iran's oil and gas industry.

In addition to Eni, the minister had mentioned Chevron (CVX), ConocoPhillips (COP), BP, Shell (RDS.A, RDS.B), Total (TOT) and Statoil (STO) as foreign companies that could help develop Iran's oil fields.