Iranian Minister of Petroleum Bijan Zangeneh sent
a correspondence to OPEC President HE Suhail Mohamed Al Mazrouei, Minister of
Energy & Industry of the United Arab Emirates and the President of the OPEC
Conference, calling on his excellency to remind OPEC Member Countries to adhere
to their commitments under the OPEC's decisions adopted in the 171st and 174th Meetings
of the Conference and refrain from any unilateral measures undermining the
unity and independence of the OPEC.
The following is the full letter:
"Minister of Petroleum
HE Suhail Mohamed Al Mazrouei
Minister of Energy & Industry and the
President of the Conference
United Arab Emirates
The 174th Meeting of the OPEC
Conference adopted Resolution No.174.513 that decides "that countries will
strive to adhere to the overall conformity level of OPEC-12, down to 100%, as
of 1 July 2018 for the remaining duration of the above-mentioned resolution and
for the JMMC to monitor and report back to the President of the Conference".
An issue that compels me to write to Your
Excellency is that we have not arrived to any decision to assign any allocated
production level of any member to others. In fact, the resolution by requiring
"JMMC to monitor and report back to the President of the Conference” has
rested the issue to the President to deal with the issue either through calling
for extraordinary meeting or seeking consensus through communication with all
Member Countries. Any increase in the production by any Member Country beyond
commitments stipulated in OPEC's decisions adopted in 171st and 174th
Meetings of the Conference would constitute breach of the agreement. I hereby
request Your Excellency to remind OPEC Member Countries to adhere to their
commitments under the OPEC's decisions adopted in the 171st and 174th
Meetings of the Conference and refrain from any unilateral measures undermining
the unity and independence of the OPEC.
Iran expressed in the JMMC meeting that any
unilateral production increase beyond Member Countries' commitments under the
OPEC's decisions would prompt US to take actions against Iran. Regrettably,
unilateral behaviours in production increase by some Member Countries is
weakening the very foundation of our Organization.
OPEC decisions by no means warrant any action by
some of its Member Countries in pursuit of the call for production increase by
US, politically motivated against Iran and publically declared. As we are all
in agreement to depoliticize our efforts in the OPEC, we should not let others
take politicized measures targeting OPEC's unity and independence.
While we may have the same position as to the
similar announcement from any of our non-OPEC partners i.e. Russia, but I call
upon Your Excellency, as the President of the OPEC Conference to uphold and
safeguard the long-term principles, unity and interests of the OPEC at this
It would be highly appreciated if Your Excellency
could instruct the Secretariat to circulate the present letter among Their
Excellencies, Heads of Delegation of OPEC Member Countries.
Please accept, Excellency, the assurances of my
highest consideration and respect.
Cc: HE Mohammad Sanusi Barkindo, OPEC Secretary
General, for kind information and circulation among
Their Excellencies, Heads of Delegation of OPEC