Iran on Track to Become Region’s Largest Oil Industry Operations Hub

Date: 09 May 2025 - 22:44

News ID: ۱۳۹۳۵۶

TEHRAN – The CEO of the National Iranian Oil Company (NIOC) said Iran is on its way to becoming the largest operational hub for the oil industry in the region.
Speaking during a tour of various sections of the exhibition on Friday, the second day of the 29th International Oil, Gas, Refining & Petrochemical Exhibition (Iran Oil Show 2025), Hamid Bovard said the event showcases the country’s vast energy capabilities and heralds a bright future with an economy built on domestic strength.
“We are thoroughly reviewing expert-backed plans and ideas to meet production goals and develop infrastructure, and we will pursue and implement them as quickly as possible,” he added.
Bovard also announced the signing of major contracts on the sidelines of the exhibition, stressing that these deals will pave the way for key projects in the near future.
The 29th International Oil, Gas, Refining & Petrochemical Exhibition (Iran Oil Show 2025) runs for four days starting May 8 at the Tehran Permanent International Fairgrounds.