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oil industry Archives - IRAN This Way

Posts Tagged “oil industry”

Iran planning to $100b investment in oil industry

Iran planning to $100b investment in oil industry

Farhad Daneshvar: President Hassan Rouhani in an addressing to the parliament on August 20, said that drawing $100 billion in foreign investment to develop Iran’s oil industry is among the oil minister’s main tasks in his second term. “There is bad news and good news,” believes Chris Cook, a strategic market consultant, who also formerly…

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Iran’s oil industry requires $100bn investment

Iran’s oil industry requires $100bn investment

Iran Oil minister has said contractor companies would only receive agreed amounts if they increase the recovery rate in Iranian oil fields. Bijan Namdar Zanganeh told the press on Tuesday morning that at least $100bn in investment were required to revive the industry to fresh conditions where Iran’s excavation companies would provide services to other…

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