CEO Says More Int’l Interactions en route for Iran Oil Firms

Speaking to Shana, Mehdi Mir Mo’ezi said the new oil contract model facilitates the interaction of oil firms in and outside of the Iran. 

An established E&P firm, Pasargad Energy Development Company, PEDC, is owned by the Pasargad Financial Group, in which one of its distinctive shareholders is Pasargad Bank, the leading Iranian private bank with a continuous high growth rate. 

PEDC was formed and registered in April 2008 with the objective of participating in the national and international energy markets in general and the development of Iran’s energy sector in particular. 

PEDC’s core businesses include hydrocarbon sector, power generation and renewable energy in which the fundamental of PEDC activities is approaching sustainable development with an emphasis on the environment.