Speaking about the ministry’s achievements on Tuesday, Ali Bahadori Jahromi added the Oil Ministry also set a new record in seasonal economic growth, registering a 19 percent increase.

The ministry prioritized the projects over the past two years, completing and inaugurating 132 projects by investing $28.5 billion during the period.

Concurrent with the implementation of prioritized projects, the ministry started its short-term plans and boosted production in oil and gas upstream and downstream sectors through investing $48 billion.