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2018-09-21 10:35:00

OPEC-NON-OPEC DECISIONS

OPEC-NON-OPEC DECISIONS

SHANA - Iran's Minister of Petroleum Bijan Zangeneh said the Joint OPEC/Non-OPEC Ministerial Monitoring Committee (JMMC) is not legally competent to make decisions about adjustment of production quotas.

In an interview with Platts and Bloomberg in Tehran, he said that "all decisions will be adopted only in the OPEC oil and energy ministers' meeting in the presence of all member states and based on unanimity."

The interview was carried…

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Tags: OPEC, RUSSIA, SAUDI ARABIA, IRAN, USA, OIL, PRICE

Chronicle:

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