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- Third step: Iran officially informs EU of plan to expand nuclear R&D
- Iran expands nuclear R&D program: Rouhani
- Iran goes ahead in space tech, despite US sanctions: ISA
- Resistance Front undermining Israeli regime power: Top commander
- Iran: 7 crew members of detained UK ship freed
- US addiction to sanction threaten its power: Iran’s Zarif
- Dutch role in 2007 Stuxnet attack on Iran’s nuclear site under scrutiny: Iraian FM Spox.
- Iran: ‘Sustainable Security 2019’ kicks off in Caspian Sea
- Iran’s Zarif leaves Tehran for Moscow
- Shiraz University ranked 1st in liver transplantation: Iranian health official
- Japan’s Abe to meet Iran’s president to discuss easing tension in region
- Downing of US spy drone shattered war threats against Iran: Top IRGC commander
- IAEO head reports development of first ion-therapy hospital in west of Asia
- Iranian Taekwondo team wins 2019 World Cup championship
- US sanctions failed to force Iran to buckle: Report
- Crew fixing Iran oil tanker broken down in Red Sea
- As Iranians hold nerves, US seeks to scare off trade
- Leader expresses concern about Kashmir, urges India to follow fair policy toward Muslim-majority region
- Iran saffron exports down due to smuggling, government restrictions: Exporter
- Iran FM warns US against ‘serious miscalculation’ in Persian Gulf
- Iran’s resistance policy led to release of oil tanker: MP
- Iran in reverse brain drain as top students come home in rising numbers
- Iran official calls for compensation for tanker seizure
- Iran hails N Korea for standing against ‘unilateral’ US demands
- Shia Muslims celebrate Eid Al-Ghadir
- North Korea praises Iran’s anti-US struggle
- Zarif says to meet French president Friday
- Iranian court hearing case of UK oil tanker
- Over half of Japanese voters oppose joining US-led anti-Iran coalition in Persian Gulf: Poll
- IME trade ups by 21 percent in July
- Finland backs INSTEX in defiance of US
- US anti-Iran policy in high seas harms Europeans: LA Times
- Iran, China confer on Syria
- Iran, Finland share views on Persian Gulf dialogue forum: Zarif
- Iran warns US against seizure of oil tanker
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- Iran planning 3rd step to reduce nuclear commitments: Spokesman
- Leader grants clemency to over 1,000 Iranian inmates
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- Iran, Iraq agree to reopen Khosravi border crossing
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- Zarif meets with Iran-Kuwait Friendship Group members
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- ‘Iran to stay in nuclear deal as long as its interests are met’
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- Zarif reacts to release of Iranian tanker in Gibraltar
- Israel, UAE engaged in secret talks on Iran arranged by US: Report
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- Enemies must factor Iran's global power in their calculations: IRGC's chief commander
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- Gibraltar releases Iran-operated tanker despite US pressure
TEHRAN, December 07 - Iran says it should be exempted from any oil production cut deal as long as it remains under “illegal” US sanctions.
TEHRAN, Young Journalists Club (YJC) - The announcement was made by Iran’s Oil Minister Bijan Zanganeh on his way to a meeting of the Organization of the Petroleum Exporting Countries (OPEC) to discuss the latest market conditions.
“We should be excluded from any decision about the level of production in the future until the lifting of the imposed illegal sanctions,” Zanganeh told reporters upon arrival in Vienna.
“Iran will not involve itself in any deal over OPEC production levels.”
The Organization will meet on Thursday and hold talks with allies such as Russia on Friday. The meetings are expected to be focused on a deal to reduce output.
However, Iran has already announced that it does not expect a deal to be reached.
Hossein Kazempour Ardebili, the country’s envoy to OPEC, said earlier this week that any meaningful cuts in production must be made by the countries which have pumped above their quotas in breach of a 2017 deal between OPEC and non-OPEC oil producers.
Kazempour Ardebili added that certain member states had been allowed to produce above their quotas since May despite being “obliged to inform other OPEC members of any change in production and secure their consensus.”
Elsewhere in his remarks, Zanganeh criticized a visit to Vienna by Brian Hook, the special envoy of the US government on Iran, on the eve of OPEC meeting as “an unprofessional move”.
“If Brian Hook has come to Vienna and is meeting officials of OPEC member states to discuss US membership to the Organization, this request can be studied,” the Iranian minister said.
“But if is trying to press Iran through OPEC, this is an unprofessional move.”
Zanganeh emphasized that OPEC was an independent organization and not part of the US Energy Department to accept orders from Washington.
Oil prices have fallen from a four-year high above $86 a barrel in early October on concerns over excess supply.
Zanganeh told reporters in Vienna that Iran favored the price of each barrel of oil to remain between $60 to $70.
The administration of US President Donald Trump launched the second wave of sanctions against Iran from November 5 in which a universal ban on the country’s oil exports was cited as a primary objective.
Although US officials mainly targeted Iran’s oil sales, officials in Tehran have repeatedly rejected the feasibility of this, stressing that international consumers cannot afford to lose Iranian supplies.
Source: Presstv
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