27 October 2014 - 14:24
  • News ID: 227646
OPEC Unlikely to Cut Output

TEHRAN Oct 27 (Shana)--The director for international affairs of National Iranian Oil Company said OPEC is unlikely to reduce its production ceiling when it meets in November.

Mohsen Qamsari also said that an emergency meeting of OPEC is unnecessary now. “Holding a meeting now is ineffective,” he said.  
 
Qamsari also said NIOC has yet to decide about reducing or not its production ceiling.
 
The official also said that Iran has not seen any change in its sale of gas condensates.
 
He said Iran delivers liquefied gas to Asian countries, including South Korea.
News ID 227646

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