Iran oil minister: US companies face no ban for entering our industry
Iran oil minister: US companies face no ban for entering our industry Tue Jan 31, 2017 1:27PM Home Iran Energy Iranian Oil Minister Bijan Zanganeh Iran says there is no ban on American companies working in the country’s oil industry. Iranian Oil Minister Bijan Zanganeh told ILNA news agency that…
Japan to invest $10b in Iran
A senior energy official said here on Saturday that Japan is seeking to invest $10 billion in different economic sectors in Iran. Deputy Oil Minister for International Affairs Amir Hossein Zamani Nia said Iran and Japan enjoy aged-old relations. Touching upon Iran negotiations with Japanese companies on making investment in…
Iran, UK hold oil industry investment talks: Presidential Aide
Head of the Presidential Office Mohammad Nahavandian said that bilateral meetings were held with British officials and businessmen on investment in oil industry, infrastructure, and environment fields. European companies are interested in participating in Iran’s economic projects as Iran is no longer a sole importer of finished products, IRNA quoted…
Iran, Italy ink MoU to jointly produce strategic oil items
Iranian and Italian industrialists signed a contract to jointly invest in construction of a factory to provide strategic oil industry items. The deal was signed on the sidelines of a joint meeting between Iranian and Italian businesses in Tehran to discuss joint ventures and cooperation in a ban-free Iran. Accordingly,…
Iran oil industry needs $200b in development investment: Zangeneh
Oil Minister Bijan Zangeneh said that Iran’s oil industry’s upstream and downstream sectors require investments up to 200 billion dollars stressing that foreign resources should be attracted because domestic resources are not sufficient to provide for the investment. “To develop the joint fields and enhance recovery of oil reservoirs as…
