Tag Archives: Oil Minister

OPEC is set to meet on June 25 in Vienna to discuss extending the agreement to cut output by 1.2 million b d beyond the end of June.

The United States reimposed sanctions on exports of Iranian oil last November.

Around 300.000 bpd of crude oil previously pumped and exported in the Kirkuk province to the Turkish port of Ceyhan.

OPEC and its allies meet in June to decide whether to continue withholding supply.

The recent flash floods across the country had mostly hit oil-rich provinces such as Khuzestan.

Iraq had a company like EIED which could establish ties with its Iranian opposite number.

Iran is exempt from oil-output cuts following Trump’s decision to re-impose sanctions on the country last year.

At least 26 of Iran’s 31 provinces have been hit by heavy downpours that began on March 19.

Zanganeh and Novak had agreed at the meeting to strengthen ties between the two oil exporters.

Iran has signed the largest number of oil deals with Russia for the development of Iranian oil and gas fields.