Persian Gulf Holding or Mostazafan Foundation? Which one will win the development of the Kish gas field?

Persian Gulf Holding or Mostazafan Foundation? Which one will win the development of the Kish gas field?

After years of stagnation, ignorance, and uncertainty, the name of the Kish gas field is now on the lips again, and news indicates that the first phase of this field has been completed and it is ready to produce 28 million cubic meters of gas per day. But what has put the Kish gas field on the verge of a major change is the dire need for investment for the second, third, and even fourth phases; a project that requires about $8 billion in financial resources; meanwhile, rumors indicate that Persian Gulf Holding is the most serious option to enter this field.

Breaking News

Iran’s government’s positive actions in oil marketing were fruitful
An energy expert stated:

Iran’s government’s positive actions in oil marketing were fruitful

Mehdi Hashemzadeh emphasized the necessity of creating an oil market and said: "Right now, we are witnessing that Iran's exports have made good progress with the positive measures that have been taken in creating an oil market, and it is necessary to continue this process, and if the sanctions are lifted, we can play an important role in the world markets."