Parliament forgives oil company’s €55 billion debt to Central Bank

According to Energy Press, in a public session this morning, and in continuation of examining the details of the budget bill in the expenditure section, the members of the parliament approved the following items from row 4 of the requirements of the oil and energy sector:
Amount of debt deferral of the National Iranian Oil Company to the Central Bank and commercial banks for the principal and interest of the facilities received to finance upstream oil and gas projects: 55 billion euros

Share of resources obtained from the implementation of Article 11 of the Law on the Establishment of Water and Sewerage Companies approved in 1980 with subsequent amendments and additions from applicants for water and sewage branching within cities who are attempting to separate properties or increase units for the improvement and reconstruction of rural water and sewage facilities in relation to the resources obtained: 10 percent