Tehran (IP) - Stating that the US sanctions against Iran are not permanent, Iran's oil minister, Bijan Zangeneh said "we need to increase the capacity of oil production so that we can return to the market with strength."

In a message on his Twitter account on Saturday, Bijan Zangeneh referred to the vital and strategic importance of increasing the capacity of oil production for Iran, saying: "By doing this, we will take back the share of Iran from the global market."

"The Yaran joint oilfield development agreement with an Iranian company was signed for this purpose," he added.

Earlier on Saturday, Zanganeh told the reporters at the signing ceremony of the Yaran joint oilfield development agreement that "Iran will not surrender under any condition, and we will continue to develop our oil industry."

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