A BP logo is seen on a petrol station in London November 2, 2010. REUTERS/Suzanne Plunkett
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BP Plc officials met with Iranian oil executives late last month in Tehran as the British company seeks to return to the country once sanctions are lifted.Although BP wasn't part of a business group that traveled to Tehran with U.K. Foreign Secretary Philip Hammond in August when he opened the British embassy, Chief Executive Officer Bob Dudley said in June the company would be "very much" interested in investing in Iran when sanctions are lifted.Oil producers including BP, which has worked in the Middle East since its inception as the Anglo-Persian Oil Co. in 1908, are interested in Iran because it holds the world's fourth-largest oil reserves and biggest gas deposits, according to the company's data.
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