OPEC

Zanganeh makes surprise visit to Moscow for oil talks

TEHRAN, Oct. 16 (MNA) – Iranian Oil Minister Bijan Namdar Zanganeh made a surprise visit to Moscow late on Monday to meet his Russian counterpart, Alexander Novak.

Official says S Arabia unable to replace Iran’s oil

TEHRAN, Oct. 07 (MNA) – Iran’s Oil Sales Official in previous sanctions period Mohammad-Ali Khatibi said that Saudi Arabia and other Organization of Petroleum Exporting Countries (OPEC) and even non-OPEC member states are unable to compensate such huge oil production volume.

Oil min.:

Oil price hike due to US efforts to prevent Iran’s oil exports

TEHRAN, Sep. 26 (MNA) – Iranian Oil Minister Bijan Namdar Zanganeh said "in order to prevent the rise in oil prices and instability in the market, US must stop preventing Iran's oil production and export, as well as interference in the Middle East issues.

Algeria JMMC meeting resulted in what Iran wanted: oil minister

TEHRAN, Sep. 24 (MNA) – Iranian Oil Minister Bijan Zanganeh said that the result of the OPEC committee meeting in Algeria on Sunday was consistent with what Iran wanted for oil supply agreements.

Oil prices 'cheaper' if Trump stopped tweeting: Iran OPEC envoy

TEHRAN, Sep. 24 (MNA) – Iran OPEC Representative Hossein Kazempour said Sun. that Donald Trump's tweeting habits are lifting oil prices, and the US president should stop posting on social media to alleviate the spike in prices.

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.

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.

Iran to veto OPEC decisions harming its interests: Oil min.

TEHRAN, Sep. 20 (MNA) – Oil Minister Bijan Zanganeh told Bloomberg on Thu. that Iran will veto any OPEC decision that harms the Islamic Republic, adding that he won’t be attending the Algerian JMMC meeting.

Iran OPEC governor lambastes Saudi Arabia, UAE for welcoming Iran oil sanctions

TEHRAN, Sep. 16 (MNA) – Iran's OPEC Governor Hossein Kazempour Ardebili said not much is left of OPEC's international credibility as an organization thanks to the measures taken by such members as Saudi Arabia and the UAE against other founding members like Iran.

Iran sanctions fueling OPEC tensions

TEHRAN, Sep. 11 (MNA) – Iran suffers a sharp drop in oil sales since March 2016, fueling OPEC tensions, UK-based Bloomberg reported.

Some OPEC members act in accordance with US interest: Zanganeh

TEHRAN, Aug. 25 (MNA) – Iranian Oil Minister Bijan Namdar Zanganeh said Friday that some OPEC members are adopting decisions in accordance with US demands and policies.

Some countries after politicizing OPEC: envoy

TEHRAN, Aug. 19 (MNA) – Iran’s permanent envoy to Vienna-based intl. organizations said that some countries misuse OPEC to further their own political aims.

Oil min. sends letter of complaint to OPEC on JMMC fault

TEHRAN, Aug. 09 (MNA) – Iranian Minister of Petroleum Bijan Zanganeh has sent a letter to OPEC president, complaining about some members' attempts to redistribute over-conformity in production adjustment level among themselves, and attempts to hand over OPEC countries’ over-conformity to non-OPEC countries.

Former Iran OPEC envoy:

Oil price not to exceed $85 in long term

TEHRAN, Jul. 17 (MNA) – Iran’s former representative in the Organization of Petroleum Exporting Countries (OPEC) Mohammad Hossein Adeli said that oil price will not surpass from $80 to $85 in the long term.

Iran warns OPEC of losing effectiveness

TEHRAN, Jul. 17 (MNA) – In a letter to OPEC President Mohamed Al Mazrouei, Iranian Oil Minister Bijan Namader Zanganeh highlighted that if member countries do not adhere to their commitments regarding oil output, the effectiveness of the organization will be gradually eroded.

Iranian official warns Trump of trying to choke Iran’s oil export

TEHRAN, Jul. 16 (MNA) – Hossein Kazempour Ardebili, Iran’s representative to OPEC, sent US President Trump an email warning the American president about the consequences of trying to choke Iran’s oil export.

Iran’s oil export 'likely' to drop by 500k bpd following new sanctions

TEHRAN, Jul. 10 (MNA) – According to the latest statistics of the National Iranian Oil Company (NIOC), Iran’s oil export volume will likely decrease 500,000 barrels per day (bpd) with restart of sanctions.

Iranian envoy meets with OFID chief in Vienna

TEHRAN, Jul. 10 (MNA) – Newly-appointed Iranian envoy to Vienna-based international organizations met and held talks with Director-General of the OPEC Fund for International Development (OFID) in the Austrian capital on Monday.

Iran’s OPEC envoy:

Oil price soon to reach $100 per barrel

TEHRAN, Jul. 07 (MNA) – Oil will soon cost $100 per barrel due to supply disruptions caused by US President Donald Trump, Iran’s OPEC Governor told Reuters on Thursday, warning that expectations that Saudi Arabia and Russia would help bring down prices were in vain.

Iran's OPEC governor:

Trump’s tweets driving up oil prices

TEHRAN, Jul. 05 (MNA) – Iran's representative to OPEC taunted US President Donald Trump for its “despicable” tweets addressing OPEC, saying if Trump does not stop tweeting, oil prices will go even higher.

Iran calls on OPEC to remind members to adhere to production quota

TEHRAN, July 01 (MNA) – In a letter, Iran's oil minister has called on the OPEC to prevent some members from increasing their oil output without seeking consensus with other members.

S Arabia unable to raise oil output by 2mn: Iranian OPEC governor

TEHRAN, July 01 (MNA) – In reaction to Donald Trump’s tweet yesterday, Iran’s OPEC governor, Hossein Kazempour Ardebili said that Saudi Arabia cannot add 2mn bpd to the oil market.

Sarmadi:

Iran, Venezuela need closer joint coop. against Trump’s policies

TEHRAN, Jul. 1 (MNA) – Iranian Vice Minister of Foreign Affairs Morteza Sarmadi said Sun. that Iran and Venezuela need to boost joint efforts to stand against the destructive policies of US President Trump.

Iranian oil min.:

Iran to act based on OPEC resolution

TEHRAN, Jun. 25 (MNA) – Iranian Oil Minister Bijan Namdar Zanganeh said Iran will take measures and act based on the resolution adopted by the Organization of Petroleum Exporting Countries (OPEC) in its recent meeting.

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.

Oil min.:

Iran to find other ways to overcome sanctions

TEHRAN, Jun. 23 (MNA) – Iran said it doesn’t believe buyers of its oil will get waivers from the US government that would allow them to continue purchasing cargoes after President Donald Trump’s renewal of sanctions.

US asks Japan to completely stop purchasing Iran's oil

TEHRAN, Jun. 23 (MNA) – The American officials have reportedly asked Japan to completely halt oil imports from Iran, sources familiar with the matter have told world media.