Member of Tehran Chamber of Commerce, Mehdi Sharifi Nik-Nafas, says the oil market in the fluctuating condition following separation of the UK from the European Union but it cannot affect Iranian crude exports.

Spanish Repsol company entered contract with Iran in July for import of one million barrels of crude.

An Iranian lawmaker says the idea of increasing oil and gas exports falls in line with general policies of the Islamic Republic of Iran establishment.

Irans Ambassador to Islamabad Mehdi Honardoost says Iran can start gas exports to Pakistan by 2017.

Irans Charge DAffair in London Mohammad-Hassan Habibollahzadeh says Iran wants to absorb foreign investment in its energy sector.

An NIOC official said Iran’s oil exports to Japan have increased significantly since the beginning of the current Iranian year (began March 20).

A number of leading companies from the UK, Germany and Switzerland have voiced their readiness to join downstream energy projects in Iran, an Iranian official said.

Irans crude oil recovery from Forouzan Oilfield, which it shares with Saudi Arabi in Persian Gulf waters, has reached 763 million barrels, 24% of the fields total oil output.

Iranian Minister of Petroleum Bijan Zangeneh said Iran has managed to recapture a major portion of the share it lost in the global oil market because of the US-led sanctions on Tehrans nuclear program, adding that "contrary to what some had speculated, Irans return to the market did not reduce the prices."

Bidboland Gas Refinery has increased its processing capacity by three times since 2013, the refinerys managing director said.