2 November 2021 - 15:07
  • News Code: 339395
Iran Needs $160b to Develop Oil Industry

TEHRAN (Shana) – Iranian Minister of Petroleum Javad Owji said Iran would need $160 billion to invest in its oil and gas industry.

According to the Program and Budget Organization, Javad Owji said on Sunday that the country's needs $160 billion in investment in the energy sector.

He said that of no investment is made in such areas, the coultry would turn into an importer of such items in the future.

News Code 339395


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