Hamidreza Azizi Farsani stressed the need to attract the confidence of both small and large investors to invest in the oil industry. He said the government should facilitate the necessary conditions for attracting capital and economic growth by transferring economic activities to the private sector and focusing on regulatory oversight.

He noted that the private sector possesses significant capabilities and capacities in the oil field. Therefore, given the need for large investments and advanced expertise, it is possible for this sector to participate in oil industry projects.

The Energy Committee member emphasized that popularizing the economy is a core priority of the seventh development plan. He stated that the Oil Ministry's strategy to attract private sector participation in oil and gas projects, and to trust in this sector's capacities, could undoubtedly benefit the country's economy and lead to accelerated development of the oil industry.

Azizi Farsani added that private sector participation in the oil industry is not a choice, but a necessity. He said its presence could have positive impacts on increasing productivity, attracting investment, developing technology, reducing the government's dependence on oil revenues, developing downstream industries, and improving financial transparency.

He emphasized that experience has shown that utilizing private sector capacities alongside sound policymaking can steer the oil industry toward sustainable growth and balanced development.