Oil ministerial meeting between Iran, Iraq and Venezuela in Tehran today


News Code: 1003650 Category: Economic

02/17/2016 – 19:07


Said Iranian Oil Minister Bijan Namdar Zangana, in a statement to reporters on the sidelines of a meeting with Assistant Prime Minister and Minister of Energy of Georgia Kakha Kaladze on Tuesday in Tehran, he will hold a trilateral meeting on the level of oil ministers of Iran, Iraq and Venezuela in Tehran on Wednesday, stressing that Iran will not give up its stake in the oil market.

And pointed Znکnh to the meeting, the Quartet held in Doha between Saudi Oil Minister Ali al-Naimi, Minister of the Russian energy Alکsandr Novک and Minister of Industry and Energy Mohamed Bin Saleh and Oil Minister Venezuelan Alojیo Del Pino, he said, he just came in the news and did not look so far the results accurately, it has been researching in this meeting about installing the production ceiling, which requires research and study and know the intent behind such case.

He explained that in the context of this topic is scheduled to come and Iraqi Oil Minister Adel Abdul-Mahdi, Minister of Venezuelan oil Alojیo Del Pino to Tehran for a three-way, adding the meeting that the issue now is, first the market is facing an increase in supply and secondly, that Iran will not give up market share in oil.

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