In an interview with Shana, Majid-Reza Hariri said the oil industry shouldered the bulk of economic sanctions’ pressure so that in recent years there were no appropriate investments by the foreigners.
“There are few investors in the field of oil and gas in the world. They will rush to Iran’s oil industry as soon as sanctions are lifted,” he said.
According to the economic activist, Iran has an investment capacity of 120 billion dollars in the oil, gas, and petrochemical fields which can be tapped in the post-sanction era.
“With removal of sanctions, Iran’s oil export and its income will undoubtedly increase,” Hariri added, “But this will take time.”
Your Comment