Iran's East Azerbaijan keen to up share in oil projects
Iran's total oil, gas petrochemical industry worth is $400 billion. According to an official document, prepared by national Iranian Oil Company and seen by Trend, the Opex (operating expense) of Iran’s oil and gas industry reaches $20 billion annually, about 2.5 times more than the global averages. Esmaeil Jabbarzadeh the Governor of East Azerbaijan Province also announced on Apr.27 that the province has high capability to supply oil and gas industrial equipment for projects in the country. "Currently there are about 200 companies in the province, which have had cooperation in the country’s oil and gas projects and Oil Ministry plans to meet with representatives of these companies in summer to evaluate their capabilities to take more share in maintaining, supplying equipment and repairing the oil and gas projects," he said. According to IRNA, Jabbarzadeh added that the Opex of Iranian oil and gas projects stands at $20 billion. The official document also confirms his ann...