Iranian Oil Minister Gholam Hossein Nozari on Saturday reiterated his call for increased investment in oil producing countries by oil consumers during a press briefing in Tehran.
Oil consumers and producers must "accept that the energy is for peace," he told Dow Jones Newswires on the sidelines of the press conference.
Nozari added that a second area for cooperation is for consumers "to invest in the countries that have capacity for producing. This is very important for both (producers and consumers)."