TEHRAN (Shana) – Iranian Minister of Petroleum Bijan Zangeneh said in Moscow that it should be straight-forward to extend the global oil output deal between OPEС and non-OPEC countries and that the deal was going well.
“As I understand, there is no difficulty to extend this cooperation,” Zangeneh said following talks in Moscow with Russian Energy Minister Alexander Novak, according to Reuters.
Mr. Zangeneh added that he and Novak had agreed at the meeting to strengthen ties between the two oil exporters.
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Pasargad Energy Development Co. (PEDC) is an independent energy company based in Iran. PEDC is an integrated energy company whose activities span the entire value chain including exploration, production, refining, petrochemicals marketing, power generation & renewables as well as new high-tech venture capitalizing. Our headquarter is located in Tehran. PEDC is present across the Iranian continental shelf and international market through its subsidiaries. We create value for our shareholders through active investment, high-level monitoring of our projects, building world-class partnership and managing our risks effectively and making balanced portfolio. Meantime, we contribute to the sustainable development of the energy sector and communities in our country. PEDC’s competitiveness relies upon our values-based performance culture, with a strong commitment to transparency, cooperation and continuous operational improvement. As a wholly owned subsidiary of the Pasargad Financial Group, with Pasargad Bank being a distinctive shareholder, we owe our success to our experience, management knowledge and strong local/international partnerships since 2008. PEDC is committed to maintaining sustainability and being recognized as the strategic partner of choice in Iran’s energy and petrochemical sector.