Iran's oil industry could be the first destination for international investment

Mehr News Agency, Fatima Safari Group; The Iranian oil industry has the potential and capacity to absorb a very high volume of capital and can be the first and most important destination for international investment.

In a conversation with Mehr reporter, Fereidun Berkshli, a senior energy expert, said: "The oil industry is made up of three main or general sectors; Upstream, downstream, and midstream, each of the above sections requires its specific investment conditions.

He continued: The upstream sector is about tanks and crude oil production, so this sector demands the highest international investment. Technology is evolving in the capacity building and crude oil production sector, in Iran and, of course, the whole world, and according to year 2, Iran requires $ 5 billion in investment in a six -year process to maintain its production capacity of 5 million barrels per day or close to this level.

The development of the oil industry is not limited to financial resources

Berkshli pointed out that these figures are changing, noting that some of the upstream capacity technologies have made a lot of changes. The use of artificial intelligence i...
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