$30b Investment for Oil Projects

By the end of the current Iranian year (March 2024), 64 incomplete projects in the oil industry worth $15 billion will be made operational, the oil minister said on Saturday.
“Despite the harsh conditions caused by sanctions and related problems, including difficulties related to financing or the provision of some equipment, the Oil Ministry has continued to invest in the oil industry, which is the driving force of the national economy,” Javad Owji was also quoted as saying by the Oil Ministry’s news service Shana.
“The executive operations of 15 new projects with a total investment of $15 billion will begin this year,” he said.