29 Mar 2024
Thursday 27 February 2014 - 15:53
Story Code : 86256

Foreign investors will be awarded contracts to refurbish oil and gas fields

Tehran, Feb 27, IRNA Member of Majlis Commission on National Security and Foreign Policy Ahmad Shohani said on Thursday that foreign investors will be awarded contracts to develop the oil and gas fields.
The new government has taken proper action to tackle the irrational measures of the former government, he said.

He said that lack of spare parts is the root-cause of halt of the digging operations at the oil and gas fields.

Iraq has tested its fourth oil rig shared with Iran and is to run it in the near future while Iran has been dragged with technical problems to this end, he said.

Irrational measures of the former government have harmed Iran?s oil industry, he said.

He said that the countries seeking partnership with Iran in oil and gas upstream industries know to what extent Iran has potentials in oil and gas industries and that is why they opted for investment in the field.

By IRNA

 

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