Iran does not want to take part in capping the oil production – Reuters Germany

Ankara Iran has expressed before talks with other oil producers reluctant to plans for a cap on flow rates.

Iran’s OPEC envoy Mehdi Asali signaled the domestic newspaper According to “Shargh” that his country it did not want to participate. Instead, the oil production should be increased further, to the production level is reached again before the introduction of nuclear sanctions, the Journal on Wednesday quoted Asali. “To demand from Iran to freeze its oil output, is illogical.” Countries that have their production ramped up since 2011 and thus sent the oil prices in the cellar, could not expect Iran for paying the price now.

the oil minister of Venezuela and Iraq wanted to advise on Wednesday in the Iranian capital Tehran with his Iranian colleague via a feed limitation. The talks should begin by Iranian Information at 11.30 am (CET). The producing countries Russia, Saudi Arabia, Qatar and Venezuela had on Tuesday agreed to freeze production at the January level. The Doha agreement accesses but only if also join other major oil countries. After years of decline in oil prices, this would be the first global agreement on production for 15 years.

From the environment of Opec was reported, Iran could in the talks special conditions are granted. Details, were not disclosed. After the end of Western sanctions related to Iran’s nuclear program, the Islamic Republic reports straight back in the oil market.

signaled the UAE, given the common interests in the stabilization of oil markets to be open for cooperation , Kuwait appeared to also willing – with the proviso that this is also supported by other oil producers.