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Friday, April 26, 2024 17:23 GMT
Iranian Minister of Petroleum Bijan Zanganeh said for foreign companies to be able to work in Iran's oil industry, they need to partner with Iranian companies. Speaking on the sidelines of the 25th Iran Oil, Gas, Refining and Petrochemical Company, the official said Iran had always welcomed presence of foreign companies in its energy projects, adding various conditions would be considered for foreign firms to operate in Iran but partnership with Iranian companies is a must for any type of work in this field. Speaking to a group of manufacturers, Zanganeh said human resources available in the country had made Iran withstand the hardships in recent years. “If international cooperation forms correctly, they will lead to growth. You (local manufacturers) must never be satisfied with Iran as your only market and must certainly target other markets as well,” he said. He further voiced his support for local manufacturers, adding: “If you are planning to work with foreign partners, you must ask them for market presence as presence in markets is now regarded as a form of technology.”The showcase wrapped on Monday after 4 working days. - Shana