Russia signs agreement to launch two South Korean satellites on Soyuz rocketScience & Space August 21, 13:33
Poll reveals Russians take pride in country’s symbolsSociety & Culture August 21, 13:15
Press review: Moscow works to cool off US-North Korea spat and Japan eyes peace treatyPress Review August 21, 13:00
Passenger ground effect vehicle seating 100 to be created in Russia in 2020-2022Military & Defense August 21, 12:35
Australian cyclist Perkins gets Russian passportSport August 21, 12:21
St. Petersburg buyer scoops up Yeltsin’s limousine for over $330,000Society & Culture August 21, 12:20
US suspends procedure of issuing nonimmigrant visas throughout Russia as of August 23World August 21, 11:59
Four victims of Surgut stabbing remain in grave conditionWorld August 21, 11:21
Russian Arctic National Park to set up reserve area on Novaya ZemlyaSociety & Culture August 21, 9:36
ABU DHABI, April 17. /TASS/. Iran "decided not to send its representatives to the meeting in Doha," Iran's Minister of Oil Bijan Namdar Zangeneh said in a statement published on Sunday.
Iran "will not give up its historic production quota," he said.
Tehran will not agree to "any possible restrictions of its oil production quota," the Minister said. "The Doha meeting is meant for the parties planning to participate in the crude production freeze plan whereas our participation in the meeting is not obligatory as Iran will not sign a plan like this," he said.
In February after the meeting of oil ministers of Iran, Venezuela, Iraq and Qatar Bijan Namdar Zangeneh said the Iran would welcome any initiative related to stabilization of oil prices. Meanwhile at the talks Iran stuck to the position that the country had to regain the market share lost during the years of sanctions.
Also, Russian Energy Minister Alexander Novak held talks in Iran on March 14 where he received an answer to the key question whether the Republic was ready to freeze crude production. Iran said it would join the initiative not earlier than its oil output reached pre-sanctions level of 4 mln barrels per day. According to the Minister, Iran was in a special situation as the sanctions imposed against it seriously slashed its crude production levels.
Iran’s officials have repeatedly claimed the country does not intend to come under restrictive measures after sanctions were lifted. The Islamic Republic plans to boost oil production from 2.8 mln barrel to 3.6 mln barrel per day compared with last year by April this year. By end-March the country planned to increase crude export to 2 mln barrel per day.