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NISOC Welcomes Foreign Investment

Source: www.gulfoilandgas.com 6/1/2015, Location: Asia

Both Iran and foreign companies will benefit from foreign investment, managing director of the National Iranian South Oil Company (NISOC) Bijan Alipour said.

Alipour noted, though sanctions have not been lifted yet Tehran Oil Show proves strong presence of foreign companies in the exhibition.

“NISOC welcomes showcasing modern technologies of foreign countries”, he said, expressing hope Iran’s oil production to reach the pre-sanctions level immediately after lifting sanctions.

As the largest nationwide oil producer, NISOC output accounts for 80% of total Iranian crude output.

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Related Articles: Accounting, Statistics  Acquisitions and Divestitures  Asset Portfolio Management  Economics/Financial Analysis  General  Insurance  Investment  Mergers and Acquisitions  Risk Management 


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