Zanganeh Will Not Attend Istanbul Oil Talks
Zanganeh Will Not Attend Istanbul Oil Talks

Zanganeh Will Not Attend Istanbul Oil Talks

Zanganeh Will Not Attend Istanbul Oil Talks

Oil Minister Bijan Namdar Zanganeh and his Iraqi counterpart Jabar al-Luaibi's will not attend informal talks between OPEC and non-OPEC producers in Turkey this week, sources familiar with the matter said on Sunday, Reuters reported.
OPEC sources and the Russian energy minister said on Thursday that ministers from the two countries would be among representatives of OPEC states at the meeting in Istanbul, which is hosting the World Energy Congress.
Zanganeh participated in an informal OPEC meeting in Algeria last month to discuss ways to stabilize crude prices which have more than halved since their peak levels in 2014.
For the first time in eight years, the 14-member organization reached an agreement to cut back its collective crude output to around 32.5 million barrels a day, but details of the deal will be announced in OPEC's official meeting on Nov. 30.

Short URL : https://goo.gl/7hK4ct
  1. https://goo.gl/ihPkcS
  • https://goo.gl/7yadWh
  • https://goo.gl/60Lx51
  • https://goo.gl/yL5tpk
  • https://goo.gl/flSjRr

You can also read ...

Germany Brushes Aside US Objection to Nord Stream 2
Germany brushed aside American concerns about a major natural...
Russia Launches First Floating Nuclear Plant
To meet its growing electricity needs while developing oil...
US Petroleum Demand High
The American Petroleum Institute reported that the first four...
New Anti-Pollution Shipping Rules to Raise Oil Prices
International efforts to reduce air pollution has lifted the...
Annual Peak Power Demand  to Increase
The total peak electricity demand hours are predicted to reach...
Iran's downstream market has a vast potential for attracting foreign companies.
US President Donald Trump’s decision to quit Iran's...
Abadan Refinery Gasoline  Production Capacity at 12 ml/d
In line with efforts to boost the country's oil refining...

Add new comment

Read our comment policy before posting your viewpoints