Investment of 4.7 billion Euros in 3 Iranian oil projects: oil minister

The Iranian Minister of Oil Bijan Zangeneh announced that three projects of the ministry of oil with a total investment of 4.7 billion Euros were inaugurated in the country.

Iran PressIran news: Zangeneh made the remarks at the inauguration of three projects of the ministry of oil on Monday, saying that the oil industry, despite the strongest external pressures and sanctions, has not only been successful in operating its production facilities but has also pursued its own development plan.

Iran's oil minister stated that Iran's gas exports will reach 15 to 16 billion cubic meters this year.

Zangeneh called these activities a result of national resistance and added: "In a situation where we faced the pressure of foreign sanctions, the Iranian nation resisted and progress continued with all its might, and strength."

Today, three projects for the development and improvement of the gas dispatching center, the sixth and ninth national gas transmission lines, the first phase of Bushehr Petrochemical Company, the 500 MW combined cycle power plant in the west of Karun and its transmission lines and power substation were inaugurated.


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