Talking to reporters on the sidelines of the weekly cabinet session, he added the Statistical Center of Iran has reported that the Oil Ministry has the best record.

Davoud Manzour, the Plan and Budget Organization (PBO) head, has also announced that the oil and gas group’s economic growth hits 25.6 percent, the highest rate in the industry.

The achievement was made by investment, a top priority in the Oil Ministry, said Owji, continuing investment helps boost production and create added value.

Iran ranks first in the world in terms of oil and gas reserves on aggregate and “we have to use the God-given blessing and potential capitals for making desirable progress”.