Dec 23, 2015, 1:46 PM
Oil well drilling to swell

TEHRAN, Dec. 23 (MNA) – Deputy oil minister has announced the removal of sanctions by late-January estimating a dramatic increase in activities of Iranian drilling companies in six months.

Deputy Oil Minister for International Affairs Amir Hossein Zamaninia pointed out the latest status of sanctions removal stating “key steps have been taken to implement JCPOA and it is estimated to become operational by mid-January due to the presence of foreign oil companies in Tehran eager to launch cooperation with Iran."

Zamaninia maintained that the activities of Iranian drilling companies will soar six months after the lifting of international sanctions; “accordingly, due measures must be taken in this regard in order boost activities in oil industry.”

“During the sanction years, National Iranian Oil Company (NIOC) has grown exponentially in scientific and technical fields,” noted the official expressing hope that the trend will continue in conjunction with world top companies after the implementation of JCPOA.

Zamaninia further highlighted the production of certain oil and gas equipment in Iranian industrial zones deeming the current capability as indication of Iran’s self-sufficiency in oil and drilling industry; “cooperation of Iranian and foreign drilling companies leads to empowerment of the private sector as well as the development of activities in the field of oil and drilling.”

“Today we are in a position to choose among companies seeking to launch cooperation with Iran,” stressed deputy oil minister adding “technical and commercial issues rather than political considerations will be of concern in this regard.”

“Oil operation heavily relies on the country’s infrastructure development which should not be mixed with political issues,” Zamaninia concluded.




News Code 113079


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