Iran is expected to increase its oil exports after international sanctions are lifted. The country is in talks with six world powers with a view to having sanctions relieved in return for limits on its nuclear program.
“These countries are well aware that if they refuse to accept Iran’s proposal OPEC will become an ineffective organization,” he said.
“When Iraq invaded Kuwait, oil production by these two countries stopped and OPEC member states increased their production so that the market would not face any disruption. But after their war ended they resumed their production and the countries that had taken Iraq and Kuwait market cut their production to let Iraq and Kuwait in. Therefore, Iran has filed no unacceptable request,” he added.
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