Iran: We will not reduce our production of oil

[ltr]Iran: We will not reduce our production of oil[/ltr]

 Since 02.17.2016 at 08:58 (Baghdad time)
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[ltr]Follow-up - the balance of News[/ltr]
[ltr]The Minister of Oil Bijan Zangana, that Iran does not intend to cut oil production, and that the announcement of tripartite meeting will be held on Wednesday in Tehran with Iraqi and Venezuelan counterparts.[/ltr]
[ltr]And come Zangana statements after the decision taken at Doha four oil-producing countries are Saudi Arabia, Russia, Qatar and Venezuela, to freeze production at the level it was in January.[/ltr]
[ltr]According to media website of the Ministry of Iranian oil (MOP), Zangana confirmed to reporters on the sidelines of a meeting with Assistant Prime Minister and Minister of Energy of Georgia کakha کaladze, it is not yet the final results of the Doha meeting brief, noting that the talk at the meeting about installing the production ceiling, and discuss and discuss this issue is available and you should see what is Mqsadeh.[/ltr]
[ltr]Minister of Oil and continued that "it is scheduled to travel and minister of Iraqi oil (Adel Abdul-Mahdi) and Venezuela (Eulogio del Pino) ​​to Tehran, on Wednesday, to hold a trilateral meeting," adding that "the oil market is currently experiencing a surplus in supply, and that Iran will not cut its stake of production. "[/ltr]
[ltr]The agreement was announced on freezing production at the end of a ministerial meeting between Saudi Arabia and Russia, Qatar and Venezuela today.[/ltr]
[ltr]He said Qatar's Energy Minister Mohammed Saleh Al Sada told reporters "the four nations agreed and in order to stabilize oil markets, to freeze production at the January level, provided that producers follow suit other senior."[/ltr]
[ltr]He added the minister, whose country holds the presidency of the oil-producing countries organization that "continuity" intensive "will begin" immediately "with other producers, including Iran and Iraq, two members of OPEC, adding," We believe that this step (the agreement) is aimed at stabilizing the market and will benefit, not only on producers and exporters, but also on the global economy. "[/ltr]
[ltr]And Iran, Iraq and Venezuela, members of the Organization of the oil-producing countries .. Iran is seeking to return strongly to the oil market after the lifting of the economic embargo last month by the application of the international agreement on its nuclear program. It ended 29/4 e[/ltr]


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