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Iran set to join oil freeze talks after output reaches 4m barrels per day

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Iran set to join oil freeze talks after output reaches 4m barrels per day

Post by Admin on Sun Mar 13, 2016 12:19 pm

Iranian Minister of Petroleum Bijan Zangeneh said Iran would join discussions between other producers about a possible freeze of oil production after its own output reached four million barrels per day (bpd), Iran's ISNA news agency reported on Sunday, according to The National, the leading English-language newspaper in the Middle East.

Asked whether Russian energy minister Alexander Novak would try to convince Iran to join an oil output freeze during a visit this week, Zanganeh said Iran may join the freeze after its production reaches 4 million bpd, according to the report.

"They should leave us alone as long as Iran's crude oil has not reached 4 million. We will accompany them afterwards," Zanganeh was quoted as saying......

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