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Iran's position on freezing oil production could change — Russia's OPEC representative

April 20, 20:27 UTC+3 VIENNA
By April of this year, Iran plans to increase oil production from 2.8 million barrels to 3.6 million barrels per day
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©  EPA/SERGEI ILNITSKY

VIENNA, April 20. /TASS/. Despite refusing to discuss the question of freezing the level of oil production earlier, Iran could change its position on the issue, because of its interest in increasing oil prices, Russia's Permanent Representative to OPEC Vladimir Voronkov told TASS on Wednesday.

"Iran’s position has a gap - the higher the price of oil, the bigger the inflow of money in the budget. Therefore, they are interested not only in increasing the volume of deliveries, but also in growth of oil prices," he said.

By April of this year, Iran plans to increase oil production from 2.8 million barrels to 3.6 million barrels per day, compared to the previous year. By the end of March 2016, Iran hoped that the country's oil exports would reach 2 million barrels per day.

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