Iran spent $24 billion upstream in 2012-13

摘要

Tehran—Iran invested more than $24 billion in the upstream oil sector in the Iranian year that ended March 20, despite international sanctions targeting the OPEC state’s energy and financial sectors, oil minister Rostam Ghasemi said April 28. “Despite the sanctions, we attracted more than $24 billion of investment in the oil industry’s upstream sector in the year 1391 and this figure is an incredible investment,” he said, quoted by oil ministry news service Shana.