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 ...

US Intimidates Iraq to Kill Siemens Deal in Favor of GE
The Trump administration intervened to quash a $15 billion...
More Iranian Oil Tankers Head to China
An unprecedented volume of Iranian crude oil is set to arrive...
Asia Natural Gas Prices Rising
Asia's liquefied natural gas prices are set to go up on the...
Turkey Refiner Seeking Waiver for Iran Sanctions
Turkey’s top refiner, Tupras, is in talks with US officials to...
Iran Awaits CNPC Decision on South Pars
Terminating its contract to develop Iran's giant South Pars...
Iran: Contract Signed to Boost Oil Output in Sirri Region
Crude oil production in Sivand, Esfand and Dena offshore...

Add new comment

Read our comment policy before posting your viewpoints