Oil Minister: Pressure on South Pars with Iranian contractors to begin soon
Oil Minister: Pressure on South Pars with Iranian contractors will begin soon. In this event, more than 200 investment and financing opportunities in various areas, including the development of 100 oil and gas fields, will be presented to investors.
According to Energy Press, the event “Transformation in Investment and Development in Iran’s Upstream Oil and Gas” is being held today, May 21, in the presence of Mohammad Reza Aref, First Vice President, Mohsen Paknejad, Minister of Oil, and Hamid Borde, CEO of the National Oil Company.
At the opening ceremony of the event, the Minister of Oil announced that the Ministry of Oil is ready to negotiate with the private sector about the type of contracts.
He emphasized that in order to attract new investments, flexibility in contract models and attention to the needs of investors are on the agenda.
The Minister of Oil considered the aim of these measures to facilitate the attraction of new investments in the upstream oil and gas sector.
Tags:South Pars
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