Iran needs around $100 bln to revamp oil industry
minister/ Iranian deputy oil minister Mohammad Reza Nematzadeh attends a conference in Tehran in this December 3, 2005 file photo./ Iran needs around $100 billion to bring its oil industry back to the level it was five years ago, the country's Industry Minister Mohammad Reza Nematzadeh told Austrian newspaper Wiener Zeitung in an interview published on Thursday. At a business conference in Vienna last week, the first such event since this month's deal between Tehran and world powers on its nuclear programme, Iran outlined a pro-market ...
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