Iran will not wait for result of Vienna talks, Oil Min says
Iran's oil Minister Javad Owji has underlined that Iran will not wait for the result of the Vienna talks and promised that Tehran will reach the highest oil export capacity within one to two months as soon as the green light of Vienna is on.
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Owji underlined signing of the Tabesh pipeline contract with Bank Mellat, development of oil fields, maintenance of production, and projects for the collection of associated gases as part of the activity of the oil industry under the Raisi administration, adding: “The approach of the administration and the Ministry of Petroleum is tapping the potentialities of local banks and major holdings.”
He said that if the oil industry operates at full tilt, the country will be run efficiently in various sectors, including revenue generation and employment, and the economy will prosper. “God willing, by the end of the [current calendar] year [to March 20], $12 billion from the export of petrochemicals will be deposited in Iran’s domestic Forex Management Integrated System (locally known as NIMA).”
"Investment in the petroleum industry of the country was very crucial for the country, promising that by the end of the current administration all the associated gas in east and west Karoon regions would be collected," Owji added.