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In page Economy of Iran:

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Pipelines move oil from the fields to the refineries and to such exporting ports as Abadan, Bandar-e Mashur and Kharg Island. Since 1997, Iran's state-owned oil and gas industry has entered into major exploration and production agreements with foreign consortia.[12][13] In 2008 the Iranian Oil Bourse (IOB) was inaugurated in Kish Island.[14] The IOB trades petroleum, petrochemicals and gas in various currencies. Trading is primarily in the euro and rial along with other major currencies, not including the US dollar.[citation needed] According to the Petroleum Ministry, Iran plans to invest $500 billion in its oil sector by 2025.[15]