Investment Opportunities Starting To Open Up In Iran's Petroleum Sector

02/14/2000
Despite a major opening in the Iranian oil industry in the past few years, Iran still is a mystery to the international investor.Years of isolation, bad press, and TV images of the hostage situation continue to loom in the minds of many investors. Iran is still seen by many as anti-Western (particularly, anti-American), run by religious mobs, and even unsafe for outside visitors. For us as expatriate Iranians living in the US and the UK, such superficial views have little validity. While we both feel that Iran has much to do to improve the environment for private investment, we believe there is a genuine desire to open up the economy in general and the oil industry in particular to the ou...
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