Iran

The director of exploration of National Iranian Oil Company (NIOC) mentioned that presently Iran has oil and gas expedition relations with 4 neighboring countries and said moving expedition technologies to neighboring nations can develop value and generate earnings for Iran.Making the remarks in an interview, Mehdi Fakour stated that exploration has an unique status in the oil market, worrying that exploration maps the nations energy future.The transfer of exploration technologies to surrounding nations can create worth and create income, the authorities even more reiterated.Pointing out that there is no local exploration management in the nations around Iran, the director of the expedition of the National Iranian Oil Company said this is a popular position for the Iranian Ministry of Oil to emerge to the neighboring nations and Eurasian nations, and they are likewise going to cooperate with Iran.Emphasizing that this crucial problem has actually not been possible in the past years, Fakour clarified: We now have exploratory relations with four neighboring nations.

He pointed to the holding of conferences with Oman and stated: We had meetings with the minister of Oman and they accepted all the propositions for exploration cooperation to form a joint group and advance the contracts.

The official also named Tajikistan, Russia, and Iraq as the 3 other neighboring countries cooperating with Iran in the field of exploration.MA/ MA





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