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 GoKish -> News -> The oil bourse to open in Kish next month
The oil bourse to open in Kish next month

      The Head of the stock exchange said: "The oil bourse will open in two separate stages in the country". Ali Saleh-Abadi stated the above and added: "In accordance with this, a bill has been sent to the cabinet to approve the opening of the oil bourse". He reminded: "The first stage of establishing the oil bourse will include oil products (petrochemicals, oil, tar, etc…) which will open during the anniversary of the Revolution in Dahe-ye Fajr on Kish Island". Saleh-Abadi said the first preparations have been made for the opening of the oil bourse, and stated: "With the inauguration of the first stage of the plan, oil byproducts will be exchanged on the Iran Stock Exchange Market". The speaker of the Bourse Organisation said: "The second stage includes crude oil, with many aspects for entering the stock exchange". He continued: "In this bill, it has been suggested to start a workgroup with the representatives of the ministries of Oil, Finance and Economy, Foreign Affairs, CBI, and the Stock Exchange Market to study plans for the opening of the international oil bourse". The Head of the Stock Exchange added: "The international oil bourse will open next year following the studies of this workgroup". Saleh-Abadi said: "The start of the 1st, 2nd, and 3rd stages of the oil bourse will surely play an important part in realising the idea of an international oil bourse". According to the Investment Market site, the Minister of Finance and Economy had announced the opening of the oil bourse at the beginning of January during the Iran-Iraq Oil, Gas, and Petrochemicals Conference.
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