Rouhollah Abbaspour noted that focusing on the upstream oil and gas industry could create broader opportunities for economic growth. "As emphasized by the Leader, investment in oil and gas, particularly upstream, not only boosts production and job creation but also plays a key role in strengthening the country’s economic foundations," he said. To achieve these goals, he stressed the need to prioritize four key components: human resources, tools, land and capital.

Abbaspour added that while the oil and gas industry benefits from a skilled, innovative workforce, significant growth cannot be achieved without investment. "Investment is the missing link that must be addressed through proper mechanisms, particularly in transformational upstream oil and gas investment initiatives," he said.

He described the upcoming oil and gas investment event as a valuable opportunity to showcase diverse investment prospects in the sector, aligning with this year’s economic slogan. "Along this path, the economy should increasingly be handed over to the private sector, with the government playing a regulatory and supportive role," he said.

Abbaspour urged oil and gas industry players to promote the sector’s capabilities to domestic and foreign investors to foster trust and encourage greater capital inflow. "The Foreign Ministry and economic diplomacy play a crucial role in this effort," he said, adding that inviting foreign investors to explore Iran’s oil potential could significantly contribute to sustainable economic growth.