EghtesadOnline: Addressing International Conference on Optimization of Upstream Oil and Gas Contracts, Zamaninia said on Sunday that $185 million project has been devised for the upstream, midstream and downstream oil industries in the next five years and between 40 to 50 billion dollars can thus be lured in annually.

EghtesadOnline: New oil and gas projects cannot be developed under sanctions unless new contracts are designed, a senior energy analyst and former head of Iran's Petroleum Contracts Committee said.

EghtesadOnline: Deputy Minister of Petroleum for International and Commercial Affairs Amir-Hossein Zamaninia said on Sunday that 10 billion dollars worth contracts will be signed in the oil industry.

EghtesadOnline: Iran’s monthly lucrum cessans (an actual loss) because of delaying the implementation of new oil and gas contracts, called Iran Petroleum contract, reached $4 billion, Mehdi Hosseini, head of Iranian Ministry of Petroleum’s Oil Contracts Revision Committee said.