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PetroEnergy Information Network

Wednesday / 7/20/2016 12:00:00 AM / 16:49
Service : Oil
News Id : 265396
Reporter : 349

Iran, Safest Persian Gulf State for Energy Investment: Official

(Wednesday, July 20, 2016) 16:49

TEHRAN, July 20 (Shana) -- Managing director of Iran Oil Terminals Company (IOTCO) Pirouz Mousavi says the country is the Persian Gulf Region's safest state for oil and gas investments.

Mousavi said Iran enjoys massive potentialities in the oil, gas and petrochemical industries and makes up for a palatable opportunity for investments in the sectors in the region.

He also voiced IOTCO's readiness to offer its full capacities to bring back economic growth, propriety and boom to the country by boosting private sector and foreign investments in the oil and gas projects of Iran.