Reza Nekouei introduced the investment projects on the sidelines of the 27th Iran International Oil, Gas, Refining and Petrochemical Exhibition in Tehran.

“Despite the sanctions, allied countries have a strong presence in this year’s exhibition,” said the manager, expressing hope that such relations will lead to long-term investments in the petrochemical industry.

Pointing to the ‘stunning” expansion of relations between Iran and Russia over the past two years, he said, “We are determined to introduce new investments opportunities to Russia’s petrochemical industrialists to pave the way for attracting foreign capital.”

Also known as Iran Oil Show 2023, the 27th Iran International Oil, Gas, Refining and Petrochemical Exhibition kicked off in Tehran on Wednesday and will run through Saturday.