Azernews.Az

Monday December 23 2024

Iran can invest $200b in oil

26 May 2015 10:01 (UTC+04:00)
Iran can invest $200b in oil

Iran is planning to invest $200 billion in its oil sector over the coming 6 years, a deputy minister of petroleum said.

Amir-Hossein Zamani-Nia, deputy minister for international affairs and trading, said such big investment would be largely attractive for foreign companies, Shana reported.

“In case [international] sanctions are lifted, Iran will become the center of gravity for oil and gas projects,” he said.

He said he has held talks with senior officials from Germany, Italy, France, Austria, Brazil and Poland about post-sanctions oil sector of Iran.

---

Follow us on Twitter @AzerNewsAz

Here we are to serve you with news right now. It does not cost much, but worth your attention.

Choose to support open, independent, quality journalism and subscribe on a monthly basis.

By subscribing to our online newspaper, you can have full digital access to all news, analysis, and much more.

Subscribe

You can also follow AzerNEWS on Twitter @AzerNewsAz or Facebook @AzerNewsNewspaper

Thank you!

Loading...
Latest See more