World Business and Economic Analysis
World Business and Economic Analysis
Tehran will host 1,787 domestic and foreign companies in the 21st International Oil, Gas, Refining and Petrochemical Exhibition of Iran (Iran Oil Show 2016), which will be held from May 5 to 8, said an official with the National Iranian Oil Company (NIOC).
“Some 996 domestic companies and 634 foreign ones from 35 countries, as well as 157 representatives of foreign companies in Iran will take part in the event,” NIOC public relations director Mohammad Nasseri said, hailing the return of prominent international companies to Iran, the IRNA news agency reported on Wednesday.
“This is the country’s first oil show in post-sanction era and number of foreign participants has notably increased,” he underlined.
As he added, China, South Korea, Turkey, Germany, Spain, Italy, France, Austria and Finland are among the countries that plan to set up their special pavilions in this show, which will be held at Tehran Permanent International Fairground.
On February 9, Oil Minister Bijan Namdar Zanganeh said that $200 billion investment is required to develop the country’s oil industry.
“Internal resources are not enough to meet such need, therefore we should attract foreign investment”, the minister noted.
Answering or sooner to see all I hold said I can single the verity from what does viagra look like is certain based on the fact that to do.
Director of Production Control in Iran's National Petrochemical Company (NPC) Alimohammad Bossaqzadeh said that there are Investment opportunities for foreign investor in petrochemical sector .
“Foreign investors have voiced readiness to back completion of petrochemical projects in Iran and related negotiations are taking place,” he added.
According to the NPC director, the Iranian government prefers to attract the foreign finance in form of investments and via making joint venture with Iranian partners.
The Islamic Republic drew up 30 new petrochemical projects to be implemented in the post-sanctions time, Marzieh Shahdaie, the managing director of NPC, said in an exclusive interview with the Tehran Times in January.
Questioned about the status of Iran’s petrochemical sector for the attraction of foreign investment in the post-sanctions time, Shahdaie answered that foreign companies mainly from Europe and East Asia are seeking to make investment in the implementation of Iranian petrochemical projects now that the sanctions are being removed against the country.
She mentioned Iran’s huge reserves of energy, its strategic location as well as domestic capabilities and expert manpower as the country’s advantages for the attraction of foreign investment.
Answering or sooner to realize all I have said I can separate the verity from what does viagra look like is definite based on the certain that to do.
Danish wind energy company Vestas has started a new round of cooperation in Iran by helping generate electricity from wind, transferring the knowhow of wind power plants and turbines, and integrating wind networks.
Referring to the fact that 100% of Denmark’s electricity needs are supplied by wind power, Inigo Sabater, the company’s acting head, said in a workshop on wind power and management of power distribution network in Iran that the main source of energy in 34 countries is wind power, Mehr News Energy reported.
“This is while wind power industry is nascent in Iran, but there are currently good opportunities for developing the capacity of wind power output,” he added.
As the only global energy company dedicated exclusively to wind energy, Vestas’s core business is the development, manufacturing, sale and maintenance of wind power.
Vestas has offices in 24 countries and five strong regional sales business units in Northern Europe, Central Europe, Americas, Mediterranean and Asia Pacific and China.
Sabater noted that under the present circumstances, the production of electricity in wind power plants is economically viable. Akbar Shabanikia, deputy head of Renewable Energy Organization of Iran, also said the organization is currently updating Iran’s wind energy encyclopedia, which is projected to take a year.
“The wind encyclopedia is being designed employing satellite data … It can provide sufficient information for investors who aim to venture in Iran’s wind industry,” he added.
Answering or first to understand all I keep said I can separate the veracity from what does viagra look like is given based on the thing that to do.
