An NISOC official, Abdollah Mousavi, said
the company will dip into the National Development Fund of Iran for funding the
Addressing the closing ceremony of an
exhibition on oil industry in the southwestern province of Khuzestan, Mousavi
said the projects will generate many jobs in the province and other oil-rich
areas of the country.
He further added that the newly-developed
model of oil contracts as well as the ones developed by NISOC will be used for linking
foreign developers with Iranian ones in developing the projects.