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[size=30]OPEC Secretary looking in Tehran with Iranian Oil Minister freeze plans[/size]
06/09/2016 11:42 | Number of Views: 100
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[rtl]Direction Press / Agencies[/rtl]
[rtl]Search Secretary General of the Organization of Petroleum Exporting Countries (OPEC) Mohammad Barkindo, on Tuesday morning, in Tehran with Iranian Oil Minister Bijan Zangana, freeze crude production plans.[/rtl]
[rtl]Barkindo and arrived in Tehran on Monday evening.[/rtl]
[rtl]The search Barkindo and Zangana, developments in world oil markets, and the efforts and plans to freeze production.[/rtl]
[rtl]He also held with the Secretary General of OPEC delegate Iran's Hossein Kazempour organization, such as meeting with the Minister of Oil Bijan Zangana.[/rtl]
[rtl]This is the first visit to Iran Barkindo, since his election as Secretary-General of the Organization on the second of June 2016, during the 169 session of the organization.[/rtl]
[rtl]It is scheduled to hold members of the Organization of Petroleum Exporting Countries (OPEC) held an informal meeting in Algeria on the sidelines of the International Energy Forum, which will be held between 26 and 28 September and is expected to seek through it to revive a global agreement to stabilize production levels.[/rtl]
[rtl]The Saudi Arabia and Russia, have signed on Monday an agreement for cooperation in the oil market, including curbing production which caused the price rise strongly in the hope that the biggest hike was slapped in the world working together to address the global supply glut of crude.[/rtl]
[rtl]In April Russia it was ready to install the production with OPEC, but the talks collapsed after Saudi Arabia said it would not accept the agreement unless attended by Iran's third-largest crude producer in OPEC.[/rtl]
[rtl]Iran says it needs to regain market share lost during the years of Western sanctions lifted in January after the nuclear deal.[/rtl]
[rtl]But Iran, expressed last Friday, is ready to support any resolution that would restore the balance in the oil market, referring to OPEC's quest to activate the freeze.[/rtl]
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