Iran Is A Major Oil Producing Country Despite Sanctions: Mexican Ambassador

SHANA (Tehran) -- The United Mexican States' Ambassador to the Islamic Republic of Iran Guillermo Alejandro Puente Ordorica said on Wednesday that despite the sanctions, Iran is one of the important oil producing countries in the region.

Speaking on the sidelines of the 28th Iran International Oil, Gas, Refining and Petrochemical Exhibition (Iran Oil Show 2024) in Tehran, the envoy noted that “We all know that Iran's oil industry is facing sanctions, but sanctions have not limited the development of the country's oil industry.”

“We participate in the Iran Oil Show 2024 to follow up the opportunities for further cooperation,” the ambassador stated.

Mexico is one of the largest non-OPEC crude oil producers, he said, noting that his country is currently developing its oil industry. “Mexico is now a member of the OPEC+ alliance, so within the framework we can find ways for effective cooperation.”

In addition to 1,500 Iranian firms, a sum of 250 companies from 12 countries have taken part in this year’s ‎exhibition, whose motto is “Petroleum industry, production leap and technological optimization”.‎

Participants from the upstream, intermediate and downstream sectors of the oil industry, along with associations and unions of oil industry equipment manufacturers, first-time producers NTBFs are showcasing their achievements in the Iran Oil Show 2024, which is the most important Iranian event related to the oil industry.

News ID 641115


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