Energy
0

NIOC Eyes $250 Billion Foreign, Domestic Investments in 8 Years

NIOC has attracted close to $40 billion over the past 20 months and plans are underway to increase the fund by at least sixfold over the next eight years
NIOC Eyes $250 Billion Foreign,  Domestic Investments in 8 Years
NIOC Eyes $250 Billion Foreign,  Domestic Investments in 8 Years

Iran is targeting an investment of $250 billion in its upstream, midstream and downstream oil sectors, especially in liquefied natural gas (LNG) industry, over the next eight years.
Oil Minister Javad Owji made the statement on the sidelines of the Eighth OPEC International Seminar that ended on July 6 in Vienna, Austria, the Oil Ministry’s news portal reported.

Premium

Subscribe to the Financial Tribune to continue reading this article or Log in to your account if you are already a subscriber.

Find out more about our subsciption plans here.

Add new comment

Financialtribune.com