Bijan Zanganeh

Would-be foreign investors in Iran should be prepared to share the benefits of their deals, the country's president said, indicating Tehran will impose tough terms that could clash with U.S. regulations even after sanctions are lifted. 

Iran could raise its oil output by as much as 730,000 barrels per day (bpd) from current levels fairly quickly after sanctions are removed, the International Energy Agency said on Aug. 12.

Iran will increase its oil exports by up to 60 percent within a year if it can agree a nuclear deal with world powers bringing an end to sanctions, a Reuters survey of analysts said on July 1.

Russia will begin importing Iranian oil under a long-heralded oil-for-goods barter arrangement in the coming week, Iran's oil minister was quoted as saying, more than a year after negotiations began. 

Iran is expected to outline big oil and gas projects at a major industry event May 6, seeking to lure foreign investment while driving a hard bargain on potential deals.

Iran's oil output could reach 4.0 million barrels per day in "less than three months" if Western sanctions are lifted over its nuclear energy programme, Oil Minister Bijan Zanganeh said June 10.