The Deputy Investment Director of the National Iranian Oil Company emphasized that with the Economic Council's resolution on facilitating the conditions for concluding contracts and implementing upstream oil and gas contracts, the time required from the stage of receiving the investor's proposal to concluding the contract will be significantly reduced, saying: "These measures demonstrate the determination of the Ministry of Oil to attract capital and facilitate economic processes in the country."

On the eve of the second anniversary of the 13th administration, sanctions imposed on Iran have not been eased. However, Iran’s oil production has kept rising in the process. Furthermore, gas production and export capacity as well as petroleum products export has experienced growth.