Tag Archives: Bijan Namdar Zangeneh

Iran has planned to become self-sufficient in gasoline production since several years ago.

Private companies can only buy crude oil for exports.

OPEC and its Russia-led allies agreed on Dec. 7 to cut output by more than expected.

Washington had been pushing governments to cut imports of Iranian oil to zero.

The measure. which was spearheaded by Russia. will come into effect on January 1.

Alexander Novak will hold separate bilateral meetings with the oil ministers of Saudi Arabia and Iran.

The committee is away from its mission and for the same reason should be stopped.

Saudi Arabia is the only producer with significant spare capacity around 2 million bpd.

Washington is pushing allies to cut imports of Iranian oil to zero.

Russia and Iran are in permanent contact which will help reinforcing cooperation in all levels of trade ties especially in energy sector.