Sunday, March 13, 2016

Iran called the condition for starting negotiations on freezing oil – RBC

oil Minister Bijan Zanganeh

Photo: AP

Tehran intends to discuss freezing oil only after it reaches the level of 4 million barrels per day. Prior to that, about any negotiations on this subject can be no question, said Oil Minister Bijan Zanganeh

On the eve of the countries negotiating – the oil exporters of frozen production in Moscow, Iran called the main condition under which he would be willing to discuss this question. According to the oil minister of the country Bijan Zanganeh, Tehran will do it after the increase production to an acceptable level, according to Press TV.

«Until we reached a production level of 4 million barrels per day, they [the participants to freeze production talks] should leave us alone, “- said the Minister. “When we reach this level of production, we can work with them”, – the minister added

According Zanganeh, reasonable price for a barrel of oil to Iran at $ 70, but if the prices are below this level. ” no problems will be. ” According to him, currently Iran exports 1.75 million barrels of oil per day, but in the near future this figure will increase to 2 million barrels

Earlier, informed sources have told Reuters that a meeting of the countries -. Oil exporters freezing production level, to be held in Moscow on March 20 can not take place due to the uncompromising position of Iran, which requires for itself special conditions.

By the preliminary agreement on the freezing of oil production at the level of January representatives of Russia, Qatar , Venezuela and Saudi Arabia came at a meeting in Doha in mid-February. This agreement will enter into force if it will join most of the other manufacturers. At the meeting, President Vladimir Putin with the heads of major oil companies on March 1 Novak said that the freeze production ready 15 countries, accounting for 73% of oil production in the world.

The first tanker with Iranian oil arrived in Europe on March 6 he stood up for unloading in the Spanish port of Algeciras. Oil intended for local processing plant, and to the end of the month at the plant is expected to supply eight more oil from Iran.

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