Tehran Oil Show Offers Golden Opportunity for International Cooperation – Deputy Minister

Tehran Oil Show Offers Golden Opportunity for International Cooperation – Deputy Minister
(Monday, April 14, 2025) 10:39

TEHRAN (NIPNA) – Iran’s Deputy Minister of Petroleum for International and Commercial Affairs on Sunday highlighted the country’s growing commitment to energy diplomacy, calling the upcoming Tehran Oil Show a “golden opportunity” for fostering international collaboration across the energy sector.

Speaking at a briefing session for the 29th Iran International Oil, Gas, Refining and Petrochemical Exhibition, Seyed Ali-Mohammad Mousavi underscored the event’s pivotal role as a regional energy hub and global dialogue platform. The exhibition, scheduled to take place from May 8 to 11, 2025, is expected to attract a wide array of diplomats, trade envoys, and foreign investors.

“This exhibition is not only the largest energy marketplace in West Asia but also a foundation for idea exchange and a driver of the global energy outlook,” Mousavi said, addressing ambassadors, trade counselors, and economic representatives.

He emphasized that the event has served as a cornerstone of Iran’s energy diplomacy for nearly three decades, offering a venue for both technical cooperation and political dialogue. As one of the world’s leading nations in oil and gas reserves, Iran is actively seeking foreign investment and modernization of its energy infrastructure.

Focus on Technology and Investment

Mousavi pointed to recent Ministry of Petroleum initiatives aimed at leveraging advanced technologies across upstream, midstream, and downstream sectors. “Our goal is to establish a transparent and stable environment for international investors,” he said, noting that key projects—such as oil and gas field development—would be offered under updated financial frameworks, including Iran Petroleum Contracts (IPCs).

He also introduced several specialized conferences to be held during the exhibition, emphasizing their strategic role in outlining investment horizons and facilitating technical partnerships. Among them is the "Transformation in Investment and Financing of NIOC Projects" conference, which he said would provide unique avenues for joint ventures and targeted cooperation.

Bridge for Peace and Progress

Reaffirming Iran’s position as a reliable partner in the global energy market, Mousavi said the country is expanding its footprint in areas such as petrochemicals, renewable energy, and hydrogen technologies.

“This exhibition is not just about commerce,” he said. “It’s a bridge for mutual understanding and sustainable cooperation—aligning economic and environmental objectives.”

He concluded by inviting governments, corporations, and research institutions to actively participate in shaping the future of global energy through engagement at the Tehran Oil Show.

 


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