Speaking in a televised interview on Saturday night, the official said: "If the talks reach fruition, we will ramp up the country's crude oil production capacity by over 1.7 mbd, which is a difficult job to do as only a section of the task is on us [Iranian Ministry of Petroleum] an the rest depends on political conditions both inside and outside of the country."

He said Iran is currently exporting around 13 mcm/d of natural gas to neighboring Iraq, adding the country is exporting gas to Turkey by 30 mcm/d.