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Iran needs $185 bln worth of investment in oil and gas sector till 2020 — official

February 10, 11:18 UTC+3 MOSCOW
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MOSCOW, February 10. /TASS/. Iran needs $185 bln worth of investment in the country’s oil and gas sector in the period between 2016 and 2020, Iran’s acting deputy oil minister and the economic and investment director general Masoud Hashemian Esfahani said at a conference in Moscow on Wednesday.

Extraction and production of oil needs investment worth $85 bln, refining - $10 bln, gas output - $10 bln and petrochemical sector - $80 bln, he said.

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