Malek Shariati-Niasar, speaking after the committee's Monday (July 28) session, said the meeting focused on Paragraph B of Article 14 of the Seventh Development Plan Law and the allocation of resources from the national Oil and Gas Investment Fund.

Shariati emphasized that expanding investment in the oil and gas sector and strengthening the country’s infrastructure is a national legacy that must be protected for future generations. “We hope these investments will proceed efficiently, transparently, and under full parliamentary oversight,” he said.

He noted that the fund was initially introduced in the annual budget laws under the 11th Parliament and later formalized in the Seventh Development Plan. “With the establishment of this fund, the Ministry of Oil has gained a much clearer view of its investment capacity, enabling more structured and transparent financial management,” he added.

One of the fund's most immediate impacts, according to Shariati, was enabling the swift repair of infrastructure damaged in the 12-day conflict, using allocated resources.

He concluded by announcing that the next meeting of the committee — the main session — will include representatives from the Parliament’s Energy and Budget Committees and will focus on finalizing the fund’s operational guidelines and setting investment priorities for oil ministry subsidiaries.