BAKU, Azerbaijan, December 9. Iran, along with
many other areas, is a place of significant investment
opportunities in the oil and gas sector, Iranian Oil Minister
Mohsen Paknejad said during a meeting with Belarusian Industry
Minister Andrey Kuznetsov in Tehran, Trend reports.
According to him, Iran has prepared a package of agreements for
cooperation with friendly countries for this purpose. These
packages will help them play ball with the interests of both
parties.
Paknejad pointed out that Iran and Belarus have a goldmine of
opportunities for collaboration across the board, particularly when
it comes to the energy sector.
At the meeting, Kuznetsov noted that Belarus is ready to develop
cooperation in all areas, especially in the petrochemical sector
and in the import of products and catalysts to the country.
The aggregate hydrocarbon stockpile of Iran is quantified at 1.2
trillion barrels. The current technological infrastructure has the
capacity to yield 340 billion barrels, with an operational
efficiency of approximately 30%, leaving a substantial 70% of the
resource in a dormant state beneath the surface.
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