Azerbaijan, Baku, August 22 /Trend/
Iran plans to pump its share of oil and gas from 23 joint fields, IRNA reported, quoting Iran's Oil Minister Rostam Ghasemi.
"Considering the importance of major oil and gas fields, including South Pars and joint fields with Iraq, the ministry designated special plans so that we can extract our share", he said.
He noted that the Oil Ministry will issue bonds in the near future to provide financial resources. The country has sufficient gasoline production.
Currently there is no need for importing gasoline, though there may be a need for importing basic materials to produce the gasoline. By developing refineries, Iran will join gasoline exporters during the next three years, Ghasemi added.
Ghasemi said earlier that acceleration of the South Pars development plan and joint fields with Iraq are his major priorities, and that domestic contractors will be supported to develop the joint fields.
Iran 's oil minister Rostam Ghasemi previously served as Iranian revolutionary guard corps brig general and commander at the Khatam al - Anbya construction headquarters.
Iran possesses the world's second largest reserves of gas and is third in oil reserves. Iran is facing U.S. sanctions over its nuclear program.
Most foreign giant oil and gas companies have halted their activities in Iran because of the international sanctions imposed by the UN Security Council and western countries against Iran.