Iran welcomes foreign investors in its oil industry: Paknejad

SHANA (Tehran) – Iran’s oil minister announced a meeting with foreign ambassadors next week, emphasizing that Iran welcomes foreign countries—especially neighboring nations—to invest in its oil industry.

PEDEC:

Investment: A prerequisite for achieving Iran’s oil goals

SHANA (Tehran) – The CEO of Petroleum Engineering and Development Company (PEDEC) emphasized investment as the key prerequisite for realizing new oil and gas production capacities and stressed the need for active private sector participation.

Iran to present 200 oil industry investment opportunities worth $135b

SHANA (Tehran) – National Iranian Oil Company (NIOC) will introduce over 200 investment opportunities in the country’s upstream oil and gas sector this spring, Deputy Investment and Business Director Amir Moqiseh announced. The opportunities, valued at more than $135 billion, will be unveiled at the upcoming "Investment and Development Transformation Event."

Private sector investment opportunities in oil highlighted

SHANA (Tehran) – The head of Parliament's Energy Committee said there are opportunities for private sector investment in upstream and downstream petrochemical industries, as well as oil and gas, and that the committee supports such investments.

Parl. Speaker:

Energy at forefront of investment; incentives must increase

SHANA (Tehran) – Parliament Speaker Mohammad-Baqer Qalibaf stated that energy is a top priority for investment, emphasizing the need to boost incentives in this sector through public joint-stock companies, projects, and other economic frameworks.

Heads of branches discuss preparing groundwork for investment

SHANA (Tehran) – The follow-up on implementing the year’s slogan and preparing the groundwork for attracting investment and public participation in the work sector was discussed in a meeting of the heads of the three branches of government.

Oil industry a key investment opportunity: Lawmaker

SHANA (Tehran) – A member of Iran’s Parliament presiding board said oil and gas fields could be a major draw for domestic and foreign investors, stressing that the parliament and government must work together to facilitate investment in the sector and utilize all available resources.

Petchem industry supports attracting new investments

SHANA (Tehran) - The caretaker of the investment management department at the National Petrochemical Company (NPC) said attracting new investments in the "Year of Investment for Production" is a key strategy aimed at boosting output and completing the value chain, adding that NPC is ready to offer full cooperation and support in this effort. 

Minister: Investment for production: a roadmap for oil industry

SHANA (Tehran) – The Minister of Oil described the naming of the year 1404 as "Investment for Production" by the Leader as a roadmap for the oil industry.

Oil industry requires massive investment

SHANA (Tehran) - A faculty member at Allameh Tabataba'i University stated that the oil industry requires substantial investment, emphasizing that existing perspectives on concession agreements need revision.

Upstream energy investment transformation event to be held in Tehran

SHANA (Tehran) – The Strategic Transformation in Iran’s Upstream Oil and Gas Sector event, aimed at unlocking investment and financing in National Iranian Oil Company (NIOC) projects, will take place on April 15, in Tehran.

Investment in Band Karkheh oil field development approved by Economic Council

SHANA (Tehran) – The Economic Council, during its meeting on Monday, reviewed and approved a request from the Ministry of Oil to amend a previous resolution regarding a gas supply project for power plants on Kish Island and to invest in the development and operation of the Band Karkheh oil field.

Bandar Imam Petrochemical Company invests $150m in Hoveyzeh Persian Gulf Refinery

SHANA (Tehran) – The CEO of Bandar Imam Petrochemical Company announced the construction of two pipelines and the completion of the second phase of the Hoveyzeh Persian Gulf Gas Refinery, funded by a $150 million investment from the company.

Paknejad:

Iran’s oil sector offers great investment opportunities for Russians

SHANA (Tehran) – Iran’s oil industry is a treasure trove of investment opportunities, Oil Minister Mohsen Paknejad said Friday, adding that favorable conditions exist for Russian companies to invest in the sector.

Paknejad announces $120b investment to boost oil, gas production

SHANA (Tehran) – Oil Minister Mohsen Paknejad emphasized that a total of $120 billion is needed to achieve the quantitative goals of the 7th Development Plan, aimed at increasing oil and gas production capacity.

Paknejad:

Oil Ministry prioritizes safe, transparent environment for investors

SHANA (Tehran) –Minister of Oil Mohsen Paknejad announced his ministry’s readiness to collaborate with the private sector and chambers of commerce to achieve the nation’s overarching economic goals.

Foreign Investment Quadrupled in Oil Industry

SHANA (Tehran) - The head of the parliament’s energy committee has said that foreign investment in Iran’s oil industry quadrupled during the 3 years of the 13th administration in office.

Iran Invests $6.5b in Oil Industry Upstream Sector

SHANA (Tehran) -- Some 6.5 billion dollars were invested in oil industry’s upstream sector on average per year under the incumbent administration, managing Director of National Iranian Oil Company (NIOC) said here on Friday.

Crude Extraction of Iran Up by 70% in 2.5 Years: NIOC

SHANA (Tehran) - Iran’s crude oil production has increased by 70 percent in about 2.5 years in the 13th Administration which took office in August 2021, announced Mohsen Khojastehmehr, the CEO of the National Iranian Oil Company (NIOC) on Thursday.

Oil Industry Driving Force Of Economic Growth, MP

SHANA (Tehran) – a member of Parliament’s committee of energy, Hosain Hosainzadeh, says the Petroleum Ministry approach on boosting energy cooperation with other countries, which is called as energy diplomacy, has been successful in view of economic growth and oil industry development.

Directing Liquidity Toward Oil Industry Is A Win-Win Game

SHANA (Tehran)- Directing liquidity towards oil industry’s downstream activities not only leads to self-sufficiency but creates jobs along with profitability to the benefit of people.

Oil Sector Attracts 41 Percent Of Total Foreign Investment

SHANA (Tehran): Since taking office in August 2021, the 13th administration has been able to attract 11.6 billion dollars of foreign investment of which 4.8 billion dollars have been allocated to the oil and gas mega projects.

MP: Investments in oil industry promising

SHANA (Tehran) – A member of Iran’s Parliament said increasing investments, development of oil fields, and infrastructure measures in the oil industry are among promising economic moves.

Investment in oil, gas industry among most important links in Iran’s independence chain: First VP

SHANA (Tehran) – Investment in the oil and gas industry is one of the most important links in Iran’s independence chain, said First Vice President Mohammad Mokhber.

ZN Vostok CEO says Russian company has invested over $500m in Iran oil projects

SHANA (Ahvaz) – Russia’s ZN Vostok (ZNV) has invested more than $500 million in Iran’s oil projects, said the company’s managing director.

Iran’s petchem industry welcomes but does not wait for foreign investment: Deputy oil minister

SHANA (Mahshahr) – Iran’s National Petrochemical Company (NPC) managing director said on Tuesday the country’s industry welcomes foreign investment but does not wait for foreign companies’ participation in its development projects.

Owji: $20b investment in SP gas pressure boosting projects needed; 753 contracts signed with knowledge-based firms

SHANA (Tehran) – Iran’s Oil Minister Javad Owji on Thursday stressed the need for investing $20 billion in gas pressure boosting projects in the South Pars (SP) field.

Government uses oil revenues for investment: Spokesman

SHANA (Tehran) – Iran’s 13th administration has given top priority to using oil revenues for making investment in different sectors instead of meeting executive expenses, said the government spokesman.