OPEC

Iran now 1st catalyst exporter in OPEC

TEHRAN, Jan. 21 (MNA) – Vice Chairman of Association of Catalyst Producers of Iran announced on Tuesday that Iran is now the first catalyst exporter among OPEC members.

OPEC decisions in 177th meeting announced

TEHRAN, Dec. 06 (MNA) – Iranian Oil Ministry's news agency Shana has published five key decisions of the 177th OPEC meeting which was held in Vienna on Thursday.

Iran oil min. satisfied with talks at 177th OPEC meeting

TEHRAN, Dec. 06 (MNA) – Iranian Oil Minister Bijan Zanganeh expressed satisfaction at the negotiations between OPEC members on Thursday, announcing an extraordinary OPEC meeting would be held within the next 3 to 4 months.

Iran will never back down on its right to produce, export oil: Gharibadabi

TEHRAN, Dec. 06 (MNA) – Iran's permanent envoy to Vienna-based international organizations, Kazem Gharibabadi said that Tehran will never back down on its right to produce and export oil after the unilateral sanctions are lifted.

We would never forfeit Iranian nation's rights: Zangeneh

TEHRAN, Dec. 05 (MNA) – Iranian Minister of Petroleum Bijan Zangeneh said he and his team would never give up on the Iranian nation’s rights regarding the country's share of oil sales in the global market.

Zanganeh arrives in Vienna to attend OPEC meeting

TEHRAN, Dec. 05 (MNA) – Iran’s Oil Minister Bijan Namdar Zanganeh landed in Vienna Thursday morning to take part in the 177th meeting of the Organization of Petroleum Exporting Countries (OPEC) in order to assess the situation of this resource in the international market.

Upcoming OPEC meeting to discuss output reduction: Oil min.

TEHRAN, Nov. 05 (MNA) – Iranian Minister of Petroleum Bijan Zangeneh said the meeting of the Organization of the Petroleum Exporting Countries (OPEC) in December will discuss more reductions to the group’s oil output.

US sanctions to have no new effect on Iran’s economy: IMF

TEHRAN, Oct. 28 (MNA) – In its latest report, IMF announced that the sanctions reimposed by the United States against the Islamic Republic of Iran in 2018 and were exacerbated in 2019 will have no new effect on the economy of the country.

Iran biggest gasoline producer among OPEC members: NIOPDC chief

TEHRAN, Aug. 28 (MNA) – Chief of the National Iranian Oil Product Distribution Company (NIOPDC) announced that producing 115 million liters of gasoline, Iran is now the major producer of the product among OPEC members and also regional countries.

Iranian oil prices increase in July as OPEC production falls

TEHRAN, Aug. 17 (MNA) – As the Iranian oil ministry reported, in July, the average price of Iranian crude stood at $62.65 per barrel, increasing 2.9 percent monthly, while the OPEC countries produced 29.609 million barrels of oil in the said month, registering a daily drop of 246,000 barrels compared to the preceding month.

Zanganeh appoints OPEC director at Iran Oil Ministry

TEHRAN, Aug. 06 (MNA) – Iranian Oil Minister Bijan Zanganeh issued a decree appointing Mohammad Taeb as the director-general of OPEC Affairs at the Iranian Oil Ministry.

Iran elected as head of OFID Ministerial Council

TEHRAN, Jul. 18 (MNA) – Iranian Minister of Finance and Economic Affairs Farhad Dejpasand was elected today as the chairman of the OPEC Fund for International Development (OFID) ministerial council, Iranian mission to Vienna announced.

OPEC wants quick resolution to tensions between US and Iran, Venezuela

TEHRAN, Jul. 09 (MNA) – OPEC has asked on Monday for a timely settlement to the tensions that have flared up between the United States and Iran and Venezuela.

Iran no threat to world energy security: Zanganeh

TEHRAN, Jul. 08 (MNA) – Iranian Oil Bijan Zanganeh said that Iran oil is not a threat to global energy security, noting that if this market is at stake, Iran will be affected too.

OPEC’s decisions no longer liable to outside pressure: Zangeneh

TEHRAN, Jul. 03 (MNA) – Iranian Oil Minister Zangeneh said “important changes” have been made to OPEC in a way that decisions made outside OPEC can no longer be imposed on the body for ratification.

EU’s trade mechanism not enough without oil: Zangeneh

TEHRAN, Jul. 03 (MNA) – Iran’s Oil Minister Bijan Zangeneh said a European mechanism to facilitate trade with his country in the face of US sanctions won’t be useful if it doesn’t allow for oil sales.

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.

Oil minister:

Iran exempted from OPEC output cut deal again

TEHRAN, Jul. 02 (MNA) – Iranian Minister of Petroleum Bijan Zangeneh said the country was exempted from an agreement among OPEC members to continue capping the producer body’s crude oil output by 0.8 mbd.

Zangeneh Meets OPEC President in Vienna

TEHRAN, Jul. 01 (MNA) – Iranian Minister of Petroleum Bijan Zangeneh met with the OPEC President Manuel Quevedo, who is also Venezuelan Oil Minister, in Vienna ahead of the organization’s 176th Meeting on Monday.

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.

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.

OPEC 176th meeting rescheduled for July 1

TEHRAN, Jun. 19 (MNA) – 14 members of the Organization of the Petroleum Exporting Countries (OPEC) agreed to change the date of the upcoming OPEC meeting and the OPEC+ assembly from 25 and 26 of June to July 1 and 2, respectively.

Iran conditionally endorses OPEC meeting date change

TEHRAN, Jun. 18 (MNA) – Iran’s oil minister has disagreed with a plan to postpone an upcoming meeting of the Organization of the Petroleum Exporting Countries (OPEC), saying Iran would confirm rescheduling the upcoming meeting only if it was to be held on July 10-12 from originally June 25.

Iran has no plans to leave OPEC: Oil min.

TEHRAN, Jun. 08 (MNA) – Iranian Minister of Petroleum Bijan Zanganeh said the country has no plans to leave the Organization of the Petroleum Exporting Countries (OPEC).