Iran expects more than 20 billion dollars of investment in the oil and gas sector

Iran expects more than 20 billion dollars of investment in the oil and gas sector


The desire to invest in the oil market Iran has expressed many companies, said the head of the National oil company of Iran Ruknuddin Djawadi.

TEHERAN, 28 Nov. Iran expects that the volume of investments in the oil and gas sector of the country may be more than 20 billion, and the exploration will begin early next year, said the head of the National oil company of Iran Ruknuddin Javadi Agency Sputnik at the presentation of oil and gas projects for foreign investors.

International conference in Tehran on new agreements in the oil and gas sector opened today. As noted by the Iranian news Agency Tasnim, this was attended by representatives of more than 137 companies from around the world, including the Russian “Gazprom”, “Gazprom Neft” and LUKOIL.

“We will put the agreement on exploration on the tender. We don’t know the exact date, as negotiations with interested persons, at the same time is negotiable, but we expect that exploration will begin early next year,” said Javadi.

“We hope that the volume of investments will exceed 20 billion (USD — ed.). Many companies have previously expressed a desire to invest in the oil market of Iran, however, the result depends on the outcome of negotiations with them,” he added.