-  Sunday 23 September 2018

Iran has the world`s largest reserves of natural gas and the fourth largest oil reserves in the world. Based on this vital advantage and also Iran`s strategic circumstances in the world`s market, Petrofarhang is prone to invest its financial resources in gas, oil and petrochemicals industries.

Petrofarhang is one of the subsidiary companies of Teachers Investment Fund (TIF), an economic institution founded initially in association with 750,000 teachers. Teacher`s contributions are set at %5 of their monthly salary and an equivalent government budget is paid for TIF annually.

51%of the shares of Sepehr Energy is now owned by Petrofarhang.

Therefore, based on The Iran`s Business Law, Petrofarhang can manage

and control the whole company