NIOC Invites Businesses to Invest in 40 Oil, Gas Projects

Iranian and foreign investors can invest in more than 40 projects for the development of oil and gas fields, the Managing Director of the National Iranian Oil Company (NIOC) Ali Kardor said on Monday.

He said the oil industry is the most effective and biggest industry worldwide, especially in Iran, adding:

“Today, Iranian oil industry is in a special period of time for development and recourse to the oil production ceiling, and the pre-sanction quota as well as the key and mega oil projects, defining 10 groups of strategic and highly consumed oil industry goods for indigenization, transfer of the world’s latest knowledge and technology have played an effective role in development of Iranian oil industry.”

(Source: Shana)

 

 

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