"Iran’s oil industry was in the hand of the U.S. and Europe but over the last 10 years china also entered Iran’s oil market and parts of the equipment of the country's oil industry are Chinese," the former member of the Energy Committee in Iran's parliament," told ILNA.
Over the past two decades, the Iranian Oil Ministry has become more and more determined to collaborate with knowledge-based and research-based companies, universities, and research institutes to advance its development goals; this determination is now bearing fruit and the results of the ministry’s endeavors in this regard can be seen in a variety of areas including oil, gas, petrochemicals, exploration, production, and distribution.
