Speaking on the sidelines of the 21st Iran International Exhibition of Oil, Gas, Refining and Petrochemicals, the official said Iran’s oil exports stood at 1.35 mbd before the sanctions were lifted in February.
“There is nothing that can keep Iran from restoring its share in the oil market,” said Zangeneh.
Implementation of the Joint Comprehensive Plan of Action (JCPOA) has paved the way for boosting Iran’s oil industry, he said, adding, “Materialization of the Economy of Resistance based on removed sanctions will be pursued [in Iran] more seriously than before.”
“We are at a state that we can zero in on that part of the Resistive Economy that concerned endogenous economy,” he added. “Outwardness of the economy will be bolstered by interactions with foreign companies as well.”
Now that sanctions have sewn up, Iranian manufacturers can partner with foreign firms and produce quality items that will not only be used for the domestic market and will be exported to regional countries, making Iran a platform for export of items,” Zangeneh said.