Iran disagrees even on symbolic cut in oil production within OPEC+

17:29 - 7.12.2018


December 7, Fineko/abc.az. Iran will hardly agree even on a "symbolic" decline in oil production within OPEC+ and demands an exception for itself.

The relevant statement was made to journalists by Iranian delegation’s representative on the sidelines of the OPEC meeting in Vienna.

"Iran does not agree with any production cut for itself: though symbolic, though not symbolic. Only an exception out the general reduction will suit Iran," the delegate said.

Earlier, Bloomberg, citing sources, informed that OPEC and Russia want to secure Iran's consent to at least a symbolic reduction in oil production in these negotiations. Since November Iran has been under U.S. sanctions that limit its oil exports.

 

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