Zangeneh Stresses Iran's Key Role in Int'l Energy Market

Date: 06 May 2018 - 21:23

News ID: ۵۲۶۱۴

TEHRAN (Dispatches) – Iran’s Minister of Petroleum Bijan Zangeneh on Sunday underlined Iran's strategic role in world oil and gas markets.
Speaking during the opening ceremony of the 23rd International Oil, Gas, Refining and Petrochemical Exhibition in Tehran, Zangeneh said, "Iran cannot be ignored in world energy market.”
'World oil market has to be non-political as interventions would create disorder in the market,” the Iranian petroleum minister said.

Noting that Iran does not support high oil prices, Zangeneh said that Iran has always been seeking reasonable prices for oil which will encourage the producers to produce more oil and therefore stop the global market from destabilization.

He also said that six offshore phases and four onshore phases of South Pars giant field in southern Iran will come to stream this year.

*******Iran’s Minister of Petroleum Bijan Zangeneh