Farhad Shahraki, in a note addressing investment in the oil and gas industry, stated that the sector—particularly upstream operations—has the potential to shift the current trajectory. High returns, significant profitability, and the industry’s anti-inflationary role are key factors that could attract public investment, provided opportunities are properly introduced and trust is established.

He added that if private investors confidently enter the oil and gas sector, it could reduce the need for government investment by up to $8 billion. This, in turn, would free up state resources for priority sectors.

The Energy Committee member emphasized that increasing production capacity in upstream industries is not only critical for strengthening national energy security but could also serve as a foundation for sustainable development. The quick return on investment in this sector, combined with Iran’s vast reserves, creates an opportunity for people to channel their capital into production and development rather than storing it as gold or foreign currency.

Shahraki noted that the future of the oil and gas industry depends on the government and policymakers encouraging public participation through guaranteed mechanisms. The path to sustainable development lies in building trust and ensuring transparency.