Iranian media reports local companies outnumber the number of foreign entities registered to attend an oil and natural gas exhibition in May in Tehran. Tehran is slated to hold a three-day expo starting May 5 to highlight oil and gas opportunities that have emerged since July, when Iran signed off on a comprehensive plan to ease international concerns that it was developing a nuclear weapon. Sanctions pressure from European mechanisms eased in January and Iran has since hosted delegates from European oil and gas companies looking to return to the oil- and gas-rich post-sanctions market. The Iranian Students News Agency reports 35 countries are sending representatives to the event in Tehran, […]