Russia largest foreign investor in Iran’s oil industry in H1

TEHRAN, Oct. 22 (MNA) – Statistics showed that $2.7 billion worth of foreign investment made in the Iranian oil and gas sector in first half of the current Iranian year of 1401 (from Mar. 22 to Sep. 22), the total of which belongs to Russia

Russian companies’ investment made in Iran has been approved by the Foreign Investment Board of the country, the Organization for Investment Economic and Technical Assistance of Iran reported.

The Russian Federation has been introduced as the top foreign country which invested $2.7 billion in Iran in the first six months of the current year in Iranian oil and gas projects.

Russia's investment plans in Iran's oil and gas sector have entered the implementation stages, and part of the mentioned capital has also entered the country, and the mentioned plans have been included among the valid approvals of the foreign investment board.

MA/FNA14010730000214

News Code 192750

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