Iran oilmin #Zangeneh: U.S. Special Representative for Iran Brian Hook's trio to Vienna to demand OPEC membership is unprofessional, native and meddlesome.
OPEC is an independent organization, not a division of US Department of Energy to receive orders from Washington.
Iran oilmin #Zangeneh: US sanctions waivers do not match demand for Iran’s oil؛ oil consumers poised to see painful months.
Despite ranting by Mr #Trump and regional allies, US government acknowledged impossibility of eliminating Iran from undersupplied Iran’s oil market.
Iran oilmin #Zangeneh underlined oil market’s concerns about the inability of Saudi Arabia and Russia to offset shortages caused by eliminating Iran from the market in the wake of US sanctions on Tehran on November ۴, saying, Rising oil prices heavily impact the global economy.
#Zanganeh in reaction to attempts for replacing Iran's oil: «Such brags would only satisfy Mr. Trump but the market would never buy such a claim.»
He said, «In reality, neither Saudis nor any other countries could replace Iran’s exports.»
Iran’s President Hassan Rouhani inaugurates three petchem projects in Assaluyeh.
Phase III of Pardis Petchem Plant with annual output capacity at ۱.۷۵ million tonnes of urea and ammoniac
Marjan Petchem Plant with annual capacity ۱.۶۵ million tonnes of methanol
Iran Says Does not Endorse OPEC Production Cut Plan
Informed sources in OPEC say Iran has declined to join the group's production cut plan either symbolically or literally.
The sources also said no agreement had so far been struck between OPEC members.
OPEC Members with Increased Output Should Cut Production.
If the Cooperation Agreement is set to change or be renewed, the figure of production has to change in light of prevailing decision for members to cut output, #Kazempouir said.
US grants sanctions waivers to some buyers Iran’s oil due to lack of supply-demand balance.
In the run-up to midterm elections, Trump artificially cuts oil and gasoline provinces, but they will naturally keep rising in coming months.
Iran oilmin #Zangeneh: In my view, President Trump's statement is the biggest insult to the governments and nations of the United States' allies in the region. I hope that such threats would not frighten some of my colleagues to follow President Trump's instructions.
Phase I of Damavand Petchem Plant power station with capacity of ۱,۹۰۰MW electricity generation
Pardis Petchem Plant, capacity at ۵.۲۶۵ million tonnes a year, is largest Middle East urea and ammoniac producer.
NIOC Official: «Members of the consortium in charge of developing Phase ۱۱ of South Pars will accomplish their roles as set forth in the provisions of the agreement and no modifications have hitherto been made to the provisions of the contract.»