Iranian Oil Industry Needs USD 130 bln InvestmentsSource: www.export-egypt.com 3/7/2016, Location: Asia |
|
|
|
|
|
Iranian Minister of Petroleum Bijan Zangeneh said Monday his country is in need of USD 130 billion in foreign investments to upgrade its oil facilities and modernize the exploration, exploitation and distribution networks.
During his meeting with visiting Ukrainian Deputy Prime Minister Genadi Zobkov, he said Iran's petrochemical industry also needs investments of up to USD 50 billion. Zangeneh said his country pins high hopes on foreign investors who can benefit from the promising investment opportunities in the Iranian hydrocarbon industry. He welcomed Ukraine's presence in this industry, citing the ample opportunities in the manufacturing of turbines and gas compressors. To be successful in Iran, the Ukrainian energy investors need to finance their operations through Kiev-based banks, Zangeneh added. The meeting between the Iranian minister and Genadi Zobkov took place in the framework of the fifth session of the Tehran-Kiev Joint Economic Commission. |
|
|
Financials and Investment News in Iran >> |
 |
|||||
|
Egypt >> 11/21/2024 - An International Monetary Fund (IMF) mission led by Ivanna Vladkova Hollar wrapped up in-person discussions with Egyptian authorities in Cairo regardi...
|
Egypt >> 11/21/2024 - The Engineering Export Council of Egypt (EEC) revealed that engineering industry exports increased by 25.6 percent from January to September, reaching...
|
|
Egypt >> 11/20/2024 - Prime Minister Dr. Mostafa Madbouly held a meeting this morning at the government headquarters in the New Administrative Capital with Mr. Chang Won Sa...
|
Egypt >> 11/20/2024 - Egyptian Prime Minister Moustafa Madbouly, with Mahmoud Esmat, Minister of Electricity and Renewable Energy Minister, and Sultan Al Jaber, UAE Ministe...
|
|
Egypt >> 11/20/2024 - Egypt and Australia have seen a significant surge in their bilateral trade relationship, with the trade volume increasing from $270 million in 2015 to...
|
Egypt >> 11/20/2024 - Egyptian Prime Minister Moustafa Madbouli chaired the Cabinet’s weekly meeting in the New Administrative Capital.
The Cabinet is set to add... |
| Iran Oil & Gas 1 >> |
