EghtesadOnline: Iran is likely to finalize a number of new contracts with foreign companies to develop oil and gas fields in the next three to four months, Amir-Hossein Zamaninia, Iran’s deputy oil minister for trade and international affairs, said.

EghtesadOnline: Securing the 20-year deal with French oil and gas major Total as well as China's CNPC to develop Phase 11 of the South Pars Gas Field in the Persian Gulf shows that Iran has normalized its relations with the world and the prospect of the return of sanctions is very unlikely, the deputy oil minister for international affairs said.

EghtesadOnline: A top oil official seems confident that Tehran will sign billions of dollars in new oil and gas contracts within the next few months as the country gradually opens up its key energy sector to foreign investments.