Iranian Oil Minister Javad Ochi stressed that “the upcoming winter will be very hard for Europeans and the rest of the world”, highlighting “the readiness of Iran, which has the largest oil and gas reserves in the world, to return as soon as possible to the ceiling of oil production, which it produced before the imposition of the embargo .
In a statement on the sidelines of the 31st OPEC+ meeting, he noted that “Iran has emphasized at the highest level the need for cooperation between oil-producing countries, members and non-members of the Organization of the Petroleum Exporting Countries, and its support for this synergy in order to protect world markets and increase stability. on them”. He emphasized that “the current conditions in the world energy markets require an increase in oil and gas production by Iran,” while noting that “in order to seize this existing opportunity, political will and correct decision-making by consumer countries are needed.” .”
Source: El Nashra