29 Dec 2024
Thursday 2 June 2016 - 14:25
Story Code : 216723

OPEC to hear Iran's proposal on countries oil quota, make general decision

OPEC to hear to Iranian proposals on the countries quotas and will make a general decision, Saudi Energy Minister Khalid al-Falih said Thursday.
VIENNA (Sputnik) Iranian Petroleum Minister Bijan Zangeneh said Wednesday that the main goal was todetermine the quotas foreach country, buthe does not look optimistic that such an agreement can be reached.

"I have not heard Iranian proposal. We will hear what they have tooffer and come toa consensus," al-Falih said.

OPEC Secretary General Abdalla el-Badri also noted that countries quotas may be examined, saying that "everything is open [for discussions], we could [discuss]."
By Sputnik News
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