Iranian minister of economy says the country's return to world markets may not be followed by any rise in the prices but will bring back its share of the market that it lost because of the western sanctions.
"We must regain our market share and reach the previous levels [in oil exports] and the countries which captured Iran's share of the market shall be forced to give it back us," Ali Tayyebnia said during a Monday press conference.
He said new sources of revenues will open up to Iran once western sanctions on the country are lifted.
Touching on the issue of Iran's frozen assets in foreign banks, Tayyebnia said the country's accessible cash hardly exceeds $30b because "most of it was spent before."
He said Iran has $22b kept in China as foreign finance guarantee which will not be accessible to Iran even after the sanctions are removed.
"A major part of the cash was spent for funding oil and gas projects by National Iranian Oil Company under the previous administration as well," he added.