Veep: Investment in Joint Fields Should Be Expedited

“We should make serious efforts for investment in joint fields and in production and export of oil and gas,” said Jahangiri in an address to a group of engineers.

He said production needs sales and markets to survive.

He noted that being aware that Iranian economy is in dire need of oil revenues, enemies targeted oil sale.

Since the victory of Iran’s Islamic Revolution in 1979, investment in oil sector was boycotted by the world.