Oil industry becoming more attractive to investors

SHANA (Tehran) – The deputy for international affairs and commerce at Iran’s Ministry of Oil said the oil and gas industry must become a secure and stable environment for domestic and international investors.

Speaking ahead of the "Transformation in Investment and Development in Iran’s Upstream Oil and Gas" conference, Ali-Mohammad Mousavi noted that new investment methods for upstream projects will be unveiled at the upcoming event.

Mousavi stated that the conference aims to align investor demands with the oil industry’s expectations. Opportunities for financing and investing in various projects of the National Iranian Oil Company (NIOC) will be presented to domestic and international investors.

Key investment opportunities include:

- Development of oil and gas fields 

- Modern gas pressure-boosting methods 

- Flare gas recovery 

- Rapid-construction processing units 

- Gas pressure booster stations 

- Water treatment projects 

- Crude oil pipeline and storage tank construction 

- Smart pigging projects 

- Power generation and transmission 

- Optimization initiatives 

Oil industry: Best platform for investment 

Mousavi called the conference a step toward achieving this year’s slogan of "Investment for Production." He said introducing modern investment models and opportunities to domestic and foreign investors could help remove barriers to investment in the sector.

Given the high investment potential, the oil industry remains highly attractive. In line with the Petroleum Ministry’s policies, the conference will highlight the economic benefits of investing in NIOC projects, ensuring profitable returns and explaining aspects of public-private partnerships and financing capacities.

Need for structural reforms 

Mousavi emphasized that gaining the trust of domestic and foreign investors requires structural reforms, transparency and a secure economic environment. The conference will focus on:

- Highlighting Iran’s political stability, particularly in the oil sector 

- Introducing investment incentives 

- Ensuring financial transparency 

- Safeguarding investor rights to reduce political and economic risks 

He added that optimizing energy diplomacy, prioritizing the private sector, reducing bureaucratic hurdles in licensing and offering attractive tax exemptions are key measures to boost investment.

Explaining IPC dimensions 

Mousavi noted that the conference will present new opportunities for upstream projects, drawing on past experiences and expert insights. It will also explain recent improvements in Iran Petroleum Contract (IPC) terms to make them more attractive for oil and gas field development.

Finally, he said the event will introduce other innovative investment methods designed by NIOC.

News ID 657099

Tags

Your Comment

You are replying to: .
0 + 0 =