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Tuesday, May 23, 2017

“Iran was asked to “leave it alone” with quotas for oil”


The Iranian oil Minister Bijan Namdar Zanganeh said that Iran will not discuss any limitation or reduction in oil production in the near future. According to officials, this Islamic Republic, which were recently lifted sanctions, we first need to increase production to at least 4 million barrels per day, but according to the plans of the Iranian government in 2016 that will not happen.


photo: pixabay.com

During his visit to the new refinery in the city of Bandar Abbas Zanganeh, as quoted by TASS, asked “to leave alone” Iran, until it reaches the desired level of production.

Recall that in the second half of 2016, the Republic expects to reach a production of 3.6 million barrels per day.

At the same time Russia, now leading in oil production, per day produces over 10 million barrels.

Energy Minister Alexander Novak on March 14 is scheduled to arrive in for talks on the limitation of quotas for oil production, but now they can not succeed. Recall that in anticipation of the meeting of the countries-manufacturers of oil March 20, the price of “black gold” are in the last days in the 40 dollars per barrel, in this regard is strengthened and the ruble.

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