Azerbaijan, Baku, July 4 /Trend/
The value of
National Iranian Oil Company ' s assets is estimated to $200 billion, Iranian daily Donya e Eqtesad reported quoting Deputy Oil Minister Mohsen Khojaste Mehr as saying.
"The National Iranian Oil Company's revenue will increase by $350 billion in next four years," he said.
The National Iranian Oil Company is committed to attract $150 billion new investments in v arious upstream and downstream oil projects under the Fifth Development Plan (2010-2015).
Iran has OPEC's second-highest oil output, and ranks second in the world in terms of natural gas reserves after Russia.