Tuesday, April 26, 2011

Iran concerns over lack of investment in oil and gas sector

Masoud Mir-Kazemi, the Iranian Oil Minister, expressed his country?s concern about the scarcity of investments in oil and gas sector in Iran. He said if the situation continues as it is now, Iran?s ability to continue exporting crude oil to other countries would be in danger. Mir-Kazemi accused Western countries to constrict pressure on Tehran through the tightening of sanctions on Iran?s energy sector and preventing foreign investment in the oil and gas sectors in the country in a move to limit Iran?s revenues in Dollar.

Iran accuses Western countries to constrict pressure on Tehran through the tightening of sanctions on Iran?s energy sector and preventing foreign investment in the oil and gas sectors in the country in a move to limit Iran?s revenues in USD
� 2011 Al Bawaba (www.albawaba.com)

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Source: http://www1.albawaba.com/main-headlines/iran-concerns-over-lack-investment-oil-and-gas-sector

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