Iraq. the second-largest oil producer of OPEC'.s 14 members. is also one of its most chronic over-producers.

Turkey has consistently contested the Greek Cypriot administration'.s unilateral drilling in the Eastern Mediterranean.

Existing supply curbs of 1.2 million barrels per day. aimed at supporting oil prices and preventing a global glut. are set to expire in March.

Healthy soil provides the largest store of terrestrial carbon. When managed sustainably. soil can play an important role in climate change.

Iranian First Vice-President Eshaq Jahangiri proposed Kyrgyzstan to use national currencies in trade ties between the two countries.

Tehran and Damascus will sign a Memorandum of Understanding (MoU) which paves the ground for Iran'.s cooperation with Syria in reconstruction of its water and sewage infrastructures.

Armenian Ambassador to Tehran Artashes Toumanian underlined willingness to help Iran further expand its economic ties and cooperation with the Eurasia Union members.

Iranian Minister of Industry. Mining and Trade Reza Rahmani announced that Tehran and Bishkek have decided to increase the value of their trade exchanges up to $500mln.

Plans are underway to construct an $8-billion petrochemical megaproject by Iranian petrochemical holdings. a senior petrochemical official said.

Speaking on behalf of the Iranian nation. I would say this is the right of our people and nation and I would not agree with cutting even a barrel of oil for illogical reasons.