Tehran, YJC. As we approach the OPEC meeting in Vienna, Iran’s Oil Ministry is holding talks with different oil producing countries.
As a founding member of OPEC, Iran has been holding talks
with countries such as Iraq, Venezuela, and Ecuador.
The Iranian Oil Minister Bijan Namdar Zanganeh delivered
President Hassan Rouhani’s letter to the Qatari Emir Sheikh Hamad bin Khalifa
Al Thani which addresses enhancement in cooperation especially in the sphere of
energy.
Besides private meetings with Iraq and Qatar as two influential
OPEC members, Iran has conducted correspondence with the oil ministers of
Ecuador and Venezuela.
In the past 6 months oil has plummeted down in price,
reaching 80 to 84 dollars per barrel when in used to be 110 at the beginning of
the period.
The price reduction has not made Saudi Arabia, UAE, or
Kuwait respond in any kind, but Iran, Velezuela, Iraq, Libya, and Ecuador have
voiced concern over OPEC’s passive mode.
After the Venezuelan president demanded an emergency OPEC
session to address the issue, the Ecuadorian president also announced that his
country, along with Venezuela, will pressure OPEC to reduce its production
volume in order to prevent further price lowering.
Prior to that, the Iranian president had called for active
diplomacy among OPEC members to manage the oil price in global markets.
As the leader of the biggest oil producing country, Russian
President Vladimir Putin had also warned against a free fall in oil prices and
its impact on global economy.
Source:mehr news