Media learned about the refusal to Iran to participate in the negotiations on the production freeze – RBC

Photo: Zuma TASS

Iran will not take part in negotiations by freezing oil, I learned Reuters. Tehran has informed that to participate in the meeting may only those countries which agree to freeze, the agency

According to the two Reuters’ sources familiar with the situation, Iran will not participate in the negotiation of oil-producing countries to freeze production levels, which will be held April 17 in the capital of Qatar, Doha.

As previously reported, April 15, Iranian news agency Shana on negotiations in Doha was to instead oil minister of Iran travel Iran’s representative to OPEC Hossein Kazempur Ardebili.

Reuters sources said that Iran was informed that the negotiations should be present only representatives of those countries that are willing to agree to freeze production levels. Iran has stated that he supports the freeze, but not join it until you increase the share of the market to the level that existed before the introduction of anti-Tehran sanctions, the agency said.

April 17 in Doha, Qatar will host a meeting of the largest oil producers, at which the participants plan to take a decision on the freezing of oil production at the level of January 2016. According to the producing countries, the agreement should stabilize oil prices by reducing excess fuel on the market.

Iranian Oil Minister Bijan Zanganeh from the very beginning supported the idea of ​​freezing production, but not in a hurry to join the initiative. In mid-March, Russian Energy Minister Alexander Novak flew to Tehran for talks. Their purpose, as a source told RBC Energy, was an attempt to persuade Iran to join the agreement. Following the visit to Tehran, the Russian minister said that the freezing of production agreement can be reached, even if Iran did not join him. Later, however, the Crown Prince and Defense Minister of Saudi Arabia, Muhammad bin Salman said that the Saudis are not willing to sign the agreement without Iran. Later, the “Interfax”, citing an unnamed source reported that Russia and Saudi Arabia have been able to negotiate an agreement without the participation of Iran, but this information is not officially confirmed.