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Zanganeh: OPEC Should Act Unitedly

The oil minister said he had no problem with prolonging the output cut by OPEC, but scorned "unilateralism" among some members of the producer group
Zanganeh: OPEC Should Act Unitedly Zanganeh: OPEC Should Act Unitedly

Members of the Organization of Petroleum Exporting Countries should hold consultations among themselves first on oil policy before striking deals with producers outside the bloc, Oil Minister Bijan Namdar Zanganeh said on Monday before leaving Tehran to attend the 176th meeting of OPEC in Vienna, Austria.
“Without unanimity among OPEC members, it is meaningless to plan cooperation between OPEC and non-OPEC countries,” the Oil Ministry’s news portal Shana quoted him as saying.
“Iran supports cooperation with non-OPEC states, but as long as some members of OPEC are hostile against other members, like Iran, OPEC’s understanding with non-OPEC states is meaningless and there is no room for cooperation.”

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