Iran Oil Show 2017

Iran oil industry bent on absorbing huge finances: Speaker

SHANA – Iranian Parliament Speaker Ali Larijani said the Ministry of Petroleum is seeking new investments in oil industry in a push to enhance recovery of oil from reserves.

 

Addressing the opening ceremony of the Iran International Oil, Gas, Refining and Petrochemical Exhibition (Iran Oil Show 2017) on Saturday, the official underlined the significance of the sector in the country’s economy, adding any development in the industry affects other industries in Iran.

 

He said development of oil and gas sector is a priority for Iran, adding enhancing oil recovery from reserves is high on agenda in the industry.

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