"Despite the many threats posed by the enemies, we have no concerns about developing the (Iranian) oil industry, and day by day we are moving toward self-sufficiency in the industry by taking advantage of the specialty and capacities of the country's young scientists," Qassemi said. He stated that Iran is not concerned about the economic sanctions imposed on the country by Western states and considers such threats a very good opportunity for the development of the country. "Many countries in the world are permanent customers of Iranian oil and in view of the new methods (that are available) for selling and supplying oil to global markets, we are not concerned about selling our oil," Qassemi noted. He had also announced in April that despite the western countries' sanctions against Tehran, over $40bln will be invested in the country's oil industry in the new Iranian year (started on March 20). "This year $40bln of capital will be injected into the oil industry," Qassemi said, addressing the inauguration ceremony of the 17th International Oil, Gas, Refining and Petrochemical Exhibition in Tehran at the time. He also reiterated that despite the problems and embargos faced by Iran last year, the country managed to invest $30bln in its oil industry.
GMT 12:09 2018 Monday ,26 November
Black Friday less wild as more Americans turn to online dealsGMT 15:07 2018 Sunday ,18 November
Refugee host countries discuss UNRWA's financial crisisGMT 17:22 2018 Wednesday ,31 October
Russia climbed to 31st place in Doing Business-2019 ratingGMT 16:53 2018 Wednesday ,17 October
"Putin" We need for collective restoration of Syria's economyGMT 14:02 2018 Friday ,12 October
Govt to announce incentives package for Overseas PakistanisGMT 18:26 2018 Saturday ,06 October
Dubai attracts Dh17.7 billion in foreign direct investmentGMT 09:02 2018 Friday ,21 September
Economy of Georgia demonstrates "strong signs of recovery"GMT 09:03 2018 Wednesday ,24 January
German investor confidence surges in JanuaryMaintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©
Send your comments
Your comment as a visitor