Investments in Iranian oil and gas projects are to increase by $1.2 billion

The Iranian Central Oil Fields Company (ICOFC) will receive $1.2
billion from the Energy Fund as an investment in oil and gas projects
by the end of the current calendar year, the managing director of the
ICOFC, Mehdi Fakor said, Trend reports with reference to IRIB News.

Last year, $1 billion was invested in oil and gas projects, Fakor noted.