Bahmani added that despite of the sanctions, NIDC managed to achieve 90 percent of its targets this year (to end March 20).
He also said that NIDC supports the private sector in carrying out domestic projects as well as in foreign activities such as Iraq and Persian Gulf projects following removal of sanctions.
The NIDC chief also said that negotiations with Italian, Singaporean, and Chinese firms are underway based on which they will be able to finance the project to be carried out by the Iranian drilling firm.
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