Country representatives are ready only to exchange views with members of OPEC
Iran joined the meeting of the countries-oil producers in Algeria with the goal to exchange opinions about the freezing of the level of production or reduce it, not to support such an agreement. This was stated by the Minister of oil of Iran Bijan Zanganeh.
“I’m here to exchange ideas, not more,” he answered a question about whether Iran can offer frozen or reduced production levels.
Earlier, the Venezuelan authorities expressed strong concern about the oil policy of Iran and Saudi Arabia. Thus, according to the Venezuelan Minister, the price of oil in the world at risk to fall below $ 20 per barrel.
A meeting of all the major oil producers will take place in Algeria on September 28 if September 26 the members of the cartel will come to an internal compromise on the issue of freezing.
However, the probability that between OPEC members agree: Saudi Arabia and Iran are still unable to reach agreement.
