Iran’s share of China’s oil investments

Iran’s share of China’s oil investments

The former Director General of Caspian and Central Asia Affairs of the Ministry of Oil said: For this reason, China does not intend to involve itself with European and Saudi partners by seriously investing in Iran's oil and gas, and its preference is to buy Iran's oil cheaply and with goods such as buses. Or the construction of the airport.
Oil and gas cannot be removed from the energy portfolio

Oil and gas cannot be removed from the energy portfolio

Despite the investment of 9.5 trillion dollars, alternative energy sources have not been able to replace hydrocarbons; The issue that caused the CEO of Aramco Arabia to suggest to focus on reducing their carbon emissions instead of the strategy of eliminating oil and gas.