upstream industry
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Oil Ministry aims to attract investment, streamline upstream oil, gas contracts
SHANA (Tehran) – The deputy director of investment at the National Iranian Oil Company (NIOC) emphasized that a recent approval by the Economic Council to simplify upstream oil and gas contract procedures will significantly reduce the time between receiving investor proposals and finalizing agreements.
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Leader: Upstream oil, gas industry provides plenty of opportunity for private sector participation
SHANA (Tehran) – Leader of the Islamic Revolution Ayatollah Seyyed Ali Khamenei said on Tuesday the upstream sectors of industries such as oil, gas, and steel, and professions like handicrafts provide plenty of opportunity for the participation of the private sector.