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The Entry of the Private Sector into Iran's Gas Trade Supported by the National Iranian Gas Company
Oil and Petrochemicals

The Entry of the Private Sector into Iran's Gas Trade Supported by the National Iranian Gas Company

منبع تصویر: irna.ir

By 2 min Read time 34,695

The CEO of the National Iranian Gas Company emphasized the very important role of the private sector in developing gas trade, announcing that the company supports the entry of private companies into the gas import sector from neighboring countries. He stated that this action could help diversify the country's gas supply sources.

The Necessity of Diversifying Gas Supply Sources

In recent years, the need for diversification in gas supply sources has increased due to climate changes and restrictions arising from sanctions. Given that Iran has rich gas resources, the entry of the private sector into this field can help improve the gas supply situation. The CEO of the National Iranian Gas Company emphasized that this action could lead to increased competition and lower prices.

The Role of Private Companies in Market Development

Private companies, with their financial and managerial capabilities, can be effective in the development of the gas market. The CEO of the National Iranian Gas Company acknowledged that collaboration with the private sector could also help attract foreign investments. He also noted that this collaboration could lead to improved technology and increased productivity in the country's gas industry.

The National Iranian Gas Company intends to create the necessary conditions for the entry of private companies into the gas market by formulating appropriate policies. These policies will include facilitating laws and regulations, creating the necessary infrastructure for investment, and enhancing international cooperation.

Challenges and Opportunities

While the entry of the private sector into gas trade can create new opportunities, there are also challenges along this path. The CEO of the National Iranian Gas Company emphasized that existing issues such as sanctions and international restrictions must be seriously addressed. He also urged the government to provide the necessary support for this sector to succeed in international competition.

Source: irna.ir