Friday Nov 24, 2017

PetroEnergy Information Network

News Agency - Detail

IDRO Open to Cooperation in Oil/Gas Sectors

(Sunday, May 11, 2014) 11:15

TEHRAN May 11 (Shana)--Iran’s Industrial Development and Renovation Organization (IDRO) is ready to cooperate with foreign companies willing to invest in Iran’s oil and gas sectors, chairman of IDRO Board of Directors said.

“IDRO welcomes foreign companies willing to invest in the oil and gas sectors and is ready to cooperate with these companies in the manufacturing of equipment,” Gholam-Reza Shafei said.

He said that IDRO has developed technologies for the production of bio-implants and catalysts and GTL.

“IDRO is ready to export its technical knowhow and hi-tech industries to developing countries,” he added.

Shafei also said that Iran’s auto products are exported to neighboring countries like Iraq.

He said Algeria, Turkmenistan and Kazakhstan are also willing to buy Iranian cars.