1 October 2016 - 20:52
  • News ID: 270198
Oil Industry Development Bank to Be Operational

TEHRAN, Oct 01 (Shana) – Member of the Board of Directors of the Oil, Gas and Petrochemicals Engineering and Contracting Companies Mohammad-Reza Tabibzadeh on Saturday called on Ministry of Petroleum to put on agenda operation of Oil Industry Development Bank.

Tabibzadeh told Oil Conference that financing of projects has since long ago been a main concern, so without preparing necessary ground for project financing, government will come across with big problems.

Tabibzadeh said private sector faces major challenge after sanctions and due to lack of financial resources after the JCPOA.  

News ID 270198

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