He said the Iranian Ministry of Petroleum in currently in talks with foreign developers and investors for signature of 25 oil and gas deals valued at 85 billion dollars.
Zamaninia, who previously served in Iran's diplomatic apparatus, further said the world's oil and gas heavyweight are seriously seeking to join projects in Iran.
Speaking of Iran's gas trade, the official said the country is ready to start gas flow to neighboring Iraq and will be exporting 50 mcm/d of the item to the Iraqi cities of Baghdad and Basra in the near future.