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Establishment of Oil and Energy Bank will resolve the lack of financial resources

Service : Economy
A member of economic commission in the Iranian Parliament assessing the establishment of oil and energy bank positive in order to facilitate funding for projects in the oil and gas industry says: existing banks have not have proper functioning in financing of projects in the field of energy.
Tuesday, September 13, 2016 2:11:36 PM
Establishment of Oil and Energy Bank will resolve the lack of financial resources

Islamic Consultative Assembly News Agency – "We should accept that mineral resources have not been used in the right way in Iran up to now; the capacities should be used in better and more efficient forms", emphasized Rahim Zarei MP representing Abadeh, Bawanat and khorambid electoral district in the 9th and 10th periods of the Iranian Parliament.

"One of challenging in development of oil and gas industries in the recent years is lack of fund resources to run the projects in the fields", declared Rahim who is also a lecturer in Allame Tabatabaei University in the Management faculty.

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