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Iranian Minister of Petroleum Javad Owji voiced the Iranian Ministry of Petroleum's readiness to tap the potentialities of domestic and foreign investors in oil and gas projects.

Speaking to reporters during a visit to Fath 25 Oil Rig in the southwestern province of Khuzestan on Friday morning, Mr. Owji said: “I thank God that I succeeded in making my third provincial and business trip to Khuzestan province where 74% of the country's oil production comes from its fields."

"We are ready to use the capacity of domestic and foreign investors to develop the fields, with the priority of joint oil and gas fields," Owji said.

Public Relations Department of Iranian Gas Engineering and Development Company