Iranian energy companies lay out investment options in Amsterdam
Over 100 foreign firms to take part in Iran water expo
Iranian oil and natural gas companies said Wednesday they were among the hundreds on hand in the Netherlands to introduce investment opportunities to the world.
Iranian energy companies were among the hundreds attending an annual offshore energy conference in Amsterdam, which wrapped up Wednesday, UPI reported.
The Pars Oil and Gas Co., which helps drive operations at Iran’s offshore South Pars natural gas ¿eld, said in a statement it was one of a handful of Iranian companies with a pavilion at the exhibition.
“Pars Oil and Gas Company, Iranian Offshore Oil Company, Iranian oil Terminals Company, and Petroleum Engineering and Development Company are among active companies in the offshore industry of Iran that have attended this exhibition to introduce the opportunities The 13th Iran International Water and Wastewater Exhibition will be held in Tehran from October 16 to 19 with the participation of 105 foreign companies and 258 Iranian ¿rms.
Secretary of the exhibition, Kioumars Jalilian said this year’s event will be organized in nine halls covering an area of over 30,000 square meters at Tehran International Fairground, IRNA reported.
He added the foreign participants are from 20 countries including Italy, Turkey, Germany, Azerbaijan, Hungary, China, France, Spain, Denmark, South Korea, India, Switzerland, Austria, the UK, Sweden, Japan, Canada, Belgium, Iceland and the Czech Republic.
The criterion for inviting the foreign guests was the size of their markets as export destinations. “They are mostly from Iraq, Syria, Tajikistan, Uzbekistan, Armenia and Azerbaijan. These guests will, in addition to visiting the expo and being briefed on the latest achievements and capabilities in water and wastewater treatment industry, take part in meetings with domestic ¿rms.”
He listed the items to be put on display at the exhibition as pipes, metal and polymeric ¿ttings, water puri¿cation, ¿ltration and desalination systems, faucets, instrumentation and measurement systems, laboratory equipment and the latest products and technologies in the industry. for international investors to participate in Iranian offshore industries,” the company stated.
In its ¿rst contract in the post-sanctions era, a consortium of French energy company Total, China National Petroleum Corp. and Petropars Ltd., a subsidiary of the state-run National Iranian Oil Co., signed a 20-year contract in early July to develop parts of the giant South Pars natural gas ¿eld in the Persian Gulf which is among the largest in the world.
With Iranian President Hassan Rouhani, who helped steer the post-sanction economy, going into a second term in of¿ce earlier this year, the Total-led deal cleared a path for future investments from foreign energy companies. Rouhani’s administration set a goal of signing 10 new development deals by the end of the Iranian calendar year, March 20.