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FinancialNews


  • 24-12-20

    Iran, Azerbaijan to discuss recent developments, global oil market.

    (MENAFN)According to Shana, on Tuesday, Iranian Oil Minister Bijan Namdar Zanganeh gathered with Azerbaijan"s Energy Minister Parviz Shahbazov in Tehran to talk about the latest progress in the region and the global oil market.

    "Iran has close relations with Azerbaijan and the oil cooperation between the two countries is under the framework of the OPEC+," stated Zanganeh in the assembly, he emphasized Azerbaijan"s positive role as one of the members of the alliance between Organization of Petroleum Exporting Countries (OPEC) and non-OPEC members.

    Shahbazov for his part, the close political and economic ties amid both countries and showed gratitude for Iran"s important role in OPEC+ constructive decisions, declaring: "As part of this coalition, we were able to resolve the crisis of the oil market in April."

    MENAFN24122020000045011369ID1101334346

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