Non-OPEC
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'OPEC+ cannot ignore Iran's return to oil market'
TEHRAN, Jul. 18 (MNA) – Iranian oil minister Bijan Zanganeh said after the Sunday meeting of OPEC+ that Iran's return to the global oil market is important and effective, adding that OPEC+ cannot ignore this issue.
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Oil min.:
Iran to return to oil market as soon as sanctions lifted
TEHRAN, Jul. 03 (MNA) – Iranian Minister of Oil Bijan Zanganeh said that Islamic Republic of Iran will swiftly return to the global oil market after sanctions imposed on the country are lifted.
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OPEC+ agrees on crude oil cuts
TEHRAN, Apr. 02 (MNA) – OPEC and its allies reached a consensus on Thursday on easing crude oil output cuts by 350,000 bpd for May and June, and by 450,000 bpd as of July.
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15th OPEC+ meeting kicks off virtually
TEHRAN, Apr. 01 (MNA) – The 15th meeting of the Organization of the Petroleum Exporting Countries (OPEC) and its allies, a grouping called OPEC+, began minutes ago via video conference.
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Iran’s Zanganeh departs for Moscow to hold energy talks
TEHRAN, Dec. 20 (MNA) – Iranian Oil Minister Bijan Namdar Zanganeh left Tehran for Moscow Sunday morning to hold talks with Russia’s senior officials.
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OPEC+ decision was wise: Zanganeh
TEHRAN, Dec. 04 (MNA) – Iranian Minister of Oil Bijan Zanganeh said that the crude oil output cuts will decrease from previously-agreed amount of 7.7 million bpd to 7.2 million bpd in January 2021, down 500,000 bpd, adding it was a wise decision.
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180th meeting of the OPEC Conf. kicks off
TEHRAN, Nov. 30 (MNA) – The 180th meeting of the Organization of the Petroleum Exporting Countries (OPEC) Conference Kicked off in Vienna on Monday, with an OPEC+ meeting.
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Agreement between OPEC members ‘goes ahead’ as predicted: Zanganeh
TEHRAN, Jun. 06 (MNA) – After the 179th meeting of oil and energy ministers of OPEC held on Saturday, Iranian Oil Minister Bijan Namdar Zanganeh said the agreement made between OPEC member states went ahead as planned.
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OPEC unable to handle current situation solely: Zanganeh
TEHRAN, Apr. 22 (MNA) – Iran’s Oil Minister Bijan Namdar Zanganeh said the Organization of the Petroleum Exporting Countries cannot solely handle the current market issues, urging other producers' commitment in this regard.
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G20 to cut output by 3.7mbd along with 9.7mbd by OPEC+: Zanganeh
TEHRAN, Apr. 13 (MNA) – Iranian Oil Minister Bijan Zanganeh said OPEC+ had just struck a deal to cut the group’s output by 10 million barrels per day (including 300,000b/d by US) in May and June 2020 which would be accompanied by G20’s decision to cut its oil output by 3.7 mbd for a year.
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Oil price surges following OPEC+ meeting
TEHRAN, Apr. 09 (MNA) – Oil prices have reported a dramatic surge during the meeting of OPEC+ members, according to trading data.
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Iran’s oil min. holds talk with three OPEC, Non-OPEC members on oil market
TEHRAN, Apr. 08 (MNA) – Iranian Oil Minister Bijan Namdar Zanganeh held a phone talk on Tue. with oil ministers of three OPEC and Non-OPEC members.
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In an interview with MNA;
Intl. oil market cornered by coronavirus, Iranian economy remains resilient: energy expert
TEHRAN, Apr. 05 (MNA) – President of Vienna Energy Research Group believes the Iranian economy was oil-reliant but the country learnt, under US sanctions, how to scaffold its oil industry and economic structure over the years. Presently, Iran is not a loser in the coronavirus-hit global oil market.
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Chairman of London Energy Club:
Russia, Iran, Venezuela can team up to confront US, SA triggered oil price war
TEHRAN, Mar. 14 (MNA) – Mehmet Ogutcu, Chairman of London Energy Club believes that while the USA, Saudi Arabia, and the Persian Gulf countries can work together in the coming period to influence the markets, Russia can team up with important OPEC producers such as Iran and Venezuela and assume the leadership of non-OPEC producers.
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Oil price crashes 30% as markets open
TEHRAN, Mar. 09 (MNA) – Oil prices crashed as much as 30% within seconds of the market opening on Sunday evening after the Organization of the Petroleum Exporting Countries (OPEC) failed to strike a deal on output cut on Friday.
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OPEC, non-OPEC agreement reachable before April: Zanganeh
TEHRAN, Mar. 07 (MNA) – Iranian Oil Minister Bijan Namdar Zanganeh says OPEC+ could reach an agreement to consider deeper cuts in the group’s output before the end of March.
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OPEC pegs deeper cuts at Non-OPEC support: Zanganeh
TEHRAN, Mar. 06 (MNA) – Iranian Minister of Petroleum Bijan Zangeneh said oil producers at OPEC had uniformly proposed a major cut in the group’s crude oil output but waited for non-OPEC allies, especially Russia, to back the move by considering cuts in their production.
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Major output cut awaiting non-OPEC desicion
TEHRAN, Mar. 05 (MNA) – Iranian Oil Minister Bijan Zanganeh said that OPEC had decided to wait for an agreement of non-OPEC allies to consider major cuts in the group’s output to shore up oil prices.
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Oil market faces oversupply: Oil min.
TEHRAN, Mar. 05 (MNA) – Iranian Oil Minister Bijan Namdar Zanganeh said that oil market is facing oversupply and termed balance between supply and demand in favor of both producer and consumer.
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Oil min. holds phone talk with Russia’s energy min. on reducing oil output
TEHRAN, Feb. 20 (MNA) – Iranian Oil Minister Bijan Namdar Zanganeh held a phone conversation with the Russian Energy Minister Alexander Novak on Thu. with regards to the cooperation of the two countries within the framework of OPEC Plus.
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Zanganeh:
Iran accords with OPEC, non-OPEC decision about extending output cut
TEHRAN, Jul. 02 (MNA) – Iranian Minister of Oil Bijan Zangeneh announced on Tuesday that his country agrees with the OPEC+ agreement to cut the group's total output by 1.2 million bpd as well as the OPEC-non-OPEC Cooperation Charter.
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176th OPEC meeting in Vienna
TEHRAN, Jul. 02 (MNA) – The 176th meeting of the Conference of the Organization of the Petroleum Exporting Countries (OPEC) was held in Vienna, Austria, on Monday, under the Chairmanship of its President, HE Manuel Salvador Quevedo Fernandez, People's Minister of Petroleum of the Bolivarian Republic of Venezuela and Head of its Delegation.
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OPEC will die with these ‘unilateral’ approaches: warns Zanganeh
TEHRAN, Jul. 01 (MNA) – Iran’s Oil Minister Bijan Namdar Zanganeh said that unilateralism is the biggest threat to OPEC, warning that the body will die if these processes continue.
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OPEC+ deal meaningless without unanimity inside OPEC: Zanganeh
TEHRAN, Jul. 01 (MNA) – Iran’s Oil Minister Bijan Namdar Zanganeh voiced Iran’s support for an agreement between the Organization of the Petroleum Exporting Countries (OPEC) and non-OPEC producers, saying, however, that such an agreement would be meaningless without an internal understanding inside the organization.
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Russia shelves plans on permanent alliance with OPEC
TEHRAN, Dec. 30 (MNA) – Moscow has ditched the idea of launching a joint structure with the Organization of the Petroleum Exporting Countries (OPEC) but will continue to cooperate with major oil producers, according to the Russian energy ministry.
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OPEC proved it can reach agreement despite splits: Zanganeh
TEHRAN, Dec. 16 (MNA) – OPEC members have shown that they can reach agreements regarding oil production despite having intense political and even military disputes, said Iranian Oil Minister Bijan Zanganeh on Saturday.
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No production increase discussed at JMMC meeting: official
TEHRAN, Sep. 24 (MNA) – Iran’s OPEC Governor Hossein Kazempour Ardebili said no production increase was discussed during Sunday’s meeting of the Joint OPEC-Non-OPEC Ministerial Monitoring Committee (JMMC) in Algiers.
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Trump tweet biggest insult to US allies in ME: Iran
TEHRAN, Sep. 23 (MNA) – Iranian Minister of Petroleum Bijan Zanganeh said US President Trump's recent tweet on oil prices was the biggest insult to Washington's allies in the Middle East.
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4th OPEC, non-OPEC Ministerial Meeting wraps up
TEHRAN, Jun. 24 (MNA) – The 4th OPEC and non-OPEC Ministerial Meeting in Austrian city of Vienna wrapped on June 23 with a final statement.
