TEHRAN Sep 17 (Shana): Iranian minister of petroleum Bijan Namdar Zanganeh has said nearly $10 billion Iranian rial and foreign exchange denominated bonds will be issued up to the end of current Iranian calendar year to March 20 2014.Speaking to Shana, Zanganeh said petroleum ministry is in talk with Central Bank of Iran (CBI) on the issue and the results will be announced soon.
Replying to a question on oil prices, Zanganeh said raising Irans oil production and putting behind sanctions were the top priorities of oil industry at present.
Zanganeh also said yesterday, during a ceremony held for introducing newly appointed managing director of National Petrochemical Company (NPC), that during the new administration's term in office, oil industry strategy will be based on collective wisdom and deploying professionals.
He told the ceremony: I am here to pave the way for moving oil industry in a new direction based on rationality, wisdom, prudence and hope.
By SHANA
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