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Iran welcomes Chinese Private Investors in Oil Projects

Source: Shana 12/13/2017, Location: Asia

Iranian Minister of Petroleum Bijan Zangeneh said Iran and China enjoy extended relations in energy sector, calling on Chinese private investors to finance petroleum projects in Iran.

Speaking at a meeting with visiting Wang Yanguo, Chairman of the Presidium, Vice President and Secretary General of China International Chamber of Commerce for the Private Sector (CICCPS), in his Tehran office on Tuesday, Mr. Zangeneh said, "Iran and China enjoy strong and extended relations with Chinese companies in various parts of the energy sector.

"We are optimistic that this visit will lead to expansion and strengthening of our relations and we witness investment of Chinese private investors in Iran besides enhanced level of trade between the two countries," the Iranian official said.

Also in the meeting, Wang Yanguo underlined the age-old relations between Iran and China, adding China lacks energy resources and Iran, given its vast energy riches, can help strengthen relations between the two countries.

He also said that Tehran and Beijing can maintain and strengthen their relations in oil and petrochemical sectors.

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