04-09-08 The vice president for investment affairs at National Iranian Oil Company (NIOC) announced that 15 European and Asian countries are eager to invest in Iran's oil and gas sector.
Hojjatolah Ghanimifard said that Spain, France, Germany, Austria, Italy, Poland, Switzerland, Norway, Turkey, Russia, India, China, Japan, Korea, and Malaysia are the countries that are negotiating with Iran to get involved in its oil and gas projects. He added that there were no legal limitations for the domestic or foreign investment in midstream or downstream oil sectors.

The official went on saying that the countries which have proper financial resources, equipment, and technology for the midstream and downstream projects have priority for investment.
Several long negotiations have been held with countries which have first class international oil companies, Ghanimifard pointed out.