The fund as the largest of its kind in the country aims to support financing for oil, gas, and petrochemical projects. Established under the framework of the Law on Production and Infrastructure Financing and a Cabinet-approved bylaw, it is designed as a progressive and pioneering institution.

The fund, backed by over 300 million euros in capital, involves 20 key partners, including Parsian Bank, Tejarat Bank, Refah Bank, Sina Bank, City Bank, Gardeshgari Bank, Bank Mellat, and Bank Melli Iran. Other participants include exploration and production companies such as MAPNA, Dana, Pasargad, Sina, Persia, Siland, and Maroon Karan, as well as Petropars, OIEC, the Energy Exchange, the Oil Industry Research and Technology Fund, and the National Iranian Oil Company.

The fund’s objectives include issuing guarantees for upstream and downstream oil industry projects, supporting active companies in accessing capital markets more effectively through underutilized collateral and guarantees, and investing in financial instruments tied to oil, gas, and petrochemical projects.

Separately, the National Iranian Oil Company presented over 200 investment opportunities—for large, medium, and small investors under various contract models—as part of an event on transformation in investment and development in Iran’s upstream oil and gas sector.