Speaking in a televised interviews
on Sunday night, the official said Iran's petrochemical sector saw a 25% growth
under President Rouhani.
Zangeneh, who on the same day
secured parliament's confirmation for staying in Mr. Rouhani's cabinet, further
added that the ease of international trading restrictions on Iran, the country must
expect a huge leap in the sector as new projects are coming online.
He said enhancing production of
oil, gas and petrochemical products are top on his agenda in the next 4 years
to come, adding boosting the quality and quantity of petroleum products in downstream
sector is also a great priority for him.
The recovery rate of the
country's oil reserves is below 30% currently which means only 200 mb out of
every 700 mb of oil can be recovered from Iran's oil reserves, said Mr.
Zangeneh.
He also named Ab Teymour,
Mansouri, the oil layer of South Pars gas field, Changouleh, Azar, Azadegan and
Yaran as the most important fields to be developed over the next 4 years.