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Norway to boost energy ties with Iran

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The Norwegian Ambassador to Iran says his country is ready to enhance its energy ties with the Islamic Republic.

The oil ministry’s official news agency, SHANA, reported on Sunday that Jens Petter Kjemprud made the remark during a meeting with Eshaq Rouyvar, the director of public relations of Iran’s Oil Ministry, in Tehran on Tuesday.
The Norwegian ambassador said his country is keen to expand relations with the Islamic Republic especially in the oil sector.
Rouyvar explained Iran’s capabilities in the fields of technology and human resources in the oil industry, and invited Kjemprud to visit the industrial city of Asalouyeh in the southern Iranian province of Bushehr.
Assalouyeh is home to the Pars Special Economic Energy Zone, which was established in 1998 for the utilization of South Pars oil and gas resources.
On January 6, Iranian Oil Minister Rostam Qasemi said foreign investment in Iran’s upstream oil sector has climbed to 20 billion dollars.
The oil minister added that necessary funds for investment in the shared oil fields were provided from available resources, buyback deals with foreign countries, and private sector firms.
Iran’s crude oil is the target of sanctions by the US and the EU.

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