Tehran Times reported that Iran will hold IRAN OIL SHOW 2011, the largest oil, gas and petrochemicals exhibition in the Middle East among the Organization of the Petroleum Exporting Countries member states.

The 16th Oil, Gas and Petrochemicals Exhibition will be held with leading foreign and domestic firms taking part Tehran Permanent Fairgrounds from April 16th to 19th 2011.

After Saudi Arabia, Iran is the second-largest oil producer in OPEC and assumed the oil producing body’s rotating presidency on 2011. Iran which possesses the world’s second largest gas reserves and third largest oil reserves is working diligently to play a more active role in oil and petrochemical transactions in international markets.

(Sourced from Tehran Times)