On Friday, May 9th in the news conference Amir Moqiseh stated that well reception has been received from the domestic economic activists and investors from the Persian Gulf countries as this has provided ground for transformation in how the National Iranian Oil Company interacts with the private sector and has also elevated international connection in energy related sectors.

He emphasized the significant role the private sector has in the development of the oil industry and affirmed that by providing new investment attractions and facilitating cooperation, a hopeful vision providing a more active role for the private sectors in the oil and gas projects of the country can be envisioned.

The director of the investment and marketing sector of the National Iranian Oil Company finished by saying that the investment and marketing management of the National Iranian Oil Company in actively negotiating and cooperating with the investors and hopes that this approach results in economic growth in country’s energy industry.

The key motto of this yeas exhibition is “investment in the oil industry guarantees economic growth and development” that reflects the oil industry’s priorities and creates a strategic vision for the following year. Based on this the 29th exhibition will be focusing on introducing investment capacities, new technology and empowering domestic companies while cooperating with international investors.

Over 2,200 domestic and international companies have participated in this exhibition Due to overwhelming demand, five new exhibition halls were added this year resulting the exhibition’s space to be more than 40 thousand square meters

The four-day event runs from May 8 to May 11 at the Tehran Permanent International Fairgrounds, open to visitors daily from 8 a.m. to 3 p.m.