Iran had not received Russia’s proposals to discuss reducing oil production

Iran had not received Russia’s proposals to discuss reducing oil production


Iran, an OPEC member, has not received any request from Russia to support oil prices, according to Iranian oil Minister Bijan Namdar Zanganeh.

MOSCOW, 28 Jan. Part of the Organization of countries-oil exporters (OPEC), Iran has not received any request from Russia to discuss reducing oil production to support commodity prices, said the Iranian oil Minister Bijan Namdar Zanganeh.

“I didn’t get anything”, — quotes Reuters the words Zanganeh.

The Ministry of energy of the Russian Federation and the heads of oil companies yesterday discussed the possibility of coordinated action with OPEC. The head of “Transneft” Nikolay Tokarev on Wednesday following the meeting in the Russian Ministry of energy reported that Saudi Arabia took the initiative to hold a meeting of oil-producing States on the situation in the oil market and discuss the possibility of production decline. According to Tokarev, in February, may meet OPEC, one of the issues which will be the decline in production.

In addition, Minister of energy Alexander Novak earlier on Thursday said that Russia is ready to participate in the meeting of OPEC that the cartel is planning to hold in February with the participation of other oil-producing countries outside the organization.