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Next Iran Oil Minister Expected to Raise Exports, Restore Market Share

OPEC expects the future administration in Iran to make careful plans for a return to the international oil market
Next Iran Oil Minister Expected to Raise Exports, Restore Market Share
Next Iran Oil Minister Expected to Raise Exports, Restore Market Share

The next oil minister should help boost exports and restore Iran’s lost market share, which has been damaged by US sanctions, Oil Minister Bijan Namdar Zanganeh said after the 181st Meeting of the OPEC Conference, which was held online on Thursday.
“I am happy that I have carried this huge burden of responsibility on my shoulder for years and I hope to put it down safely, properly and honestly. I asked all OPEC members to support the next oil minister,” the Oil Ministry’s news agency Shana quoted Zanganeh as saying.
Zanganeh, 68, has held the post for 16 of the past 24 years. He served as the country’s oil minister from 1997 to 2005 and from 2013 till now. 

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