Iran says determined to regain oil market share - Tasnim news agency | Reuters - Firstpost
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Iran says determined to regain oil market share - Tasnim news agency | Reuters

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ANKARA Iran's foreign minister said on Thursday that Tehran was determined to regain its share of the oil market after sanctions imposed on the country were lifted under a deal reached with six major powers, the semi-official Tasnim news agency reported.

"Iran wants to regain its place on the oil market ... in cooperation with other oil producing countries," Mohammad Javad Zarif said after a meeting in Baku with Russian Foreign Minister Sergei Lavrov and Azerbaijan Foreign Minister Elmar Mammadyarov.

Russian Energy Minister Alexander Novak said this week that Iran had confirmed its participation in a meeting in Doha on April 17 to discuss a deal to freeze oil output. Iran has repeatedly said it would freeze its output after it reaches 4 million barrels per day.

(Writing by Parisa Hafezi. Editing by Jane Merriman)

This story has not been edited by Firstpost staff and is generated by auto-feed.

First Published On : Apr 8, 2016 01:30 IST

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