Iran oilmin #Zangeneh ahead of Vienna meeting: Oil market is currently faced mainly with political tensions created by the US president on the international scene, having nothing to do with supply-demand balance.
Iran's Oilmin #Zangeneh meets with EU Energy Commissioner Miguel Arias Cañete in Tehran.
«We believe that Iran's oil export level will not change if EU keeps its promise,» said Zangeneh.
Zangeneh says Cañete carried EU message of trying to salvage JCPOA.
Iran oilmin #Zangeneh in Vienna: We expect OPEC to condemn politically motivated gestures disturbing oil market.
Iran has no specific proposal for OPEC ۱۷۴th meeting, but will have clear position.
Decision to end OPEC production cut deal requires consensus.
Iran oilmin #Zangeneh: No reason for neighbors to bask in joy. The present conditions pass by and we'll emerge winner.
Iran couldn't be eliminated of energy market. We honor our contracts. We are bent on sustaining oil production and exports.
Iran oilmin #Zangeneh says Tehran favors «reasonable» oil price to «encourage producers to keep supply while it would prevent global markets from plunging into instability.»
He said «under the present circumstances, manufactured tensions have driven up oil prices.»
Iranoilmin #Zangeneh: «In case OPEC does no extend the agreement, Iran will be able to increase its oil exports from the West Karoon Plays immediately.»
«In order to respect fellow OPEC members, Iran has so far honored the accord and has not increased its exports.»