Iran is ready to increase oil production as soon as possible

According to Fars News Agency and quoting the public relations of the Ministry of Oil, Javad Oji, Minister of Oil, about the decisions of the OPEC meeting plus He said: “Yesterday’s decision was to continue last month’s decision to continue increasing the daily production of 400,000 barrels of oil for April 2022, which according to the report of the technical committee and experts’ assessments of the global economy and determining variables in global oil supply and demand during the year By 2022, members all agreed on the decision to continue increasing production by 400,000 barrels per day.

He added: OPECplus At this meeting, he emphasized on his continuous and regular monitoring of market developments and the continuation of the implementation of necessary measures to maintain the stability of the oil market, and the present countries announced their readiness to take appropriate measures to maintain the stability of the oil market and protect its achievements. Make this agreement.

In his assessment and analysis of the situation in the oil market, the Minister of Oil said:Most Published statistics and reports, thanks to the improvement of economic indicators in the world, especially the major oil-consuming economies, and at the same time the proper commitment of OPEC members.plusWhich reached 129% in January, global oil markets, despite some concerns about the spread of the virus Omicron And a number of geopolitical unrests are moving toward balance and stability.

The height of security tensions in some parts of the world and the recent rise in world oil prices and the reaction of OPECplus “The occurrence of political and economic crises in the world has various consequences, one of which is the occurrence of fluctuations in oil prices in the world oil market,” he said.plus With close monitoring of the market, it is fully prepared to take appropriate action in this regard, if necessary.

He continued: “However, the part of the situation that goes back to the fluctuation and increase of prices is rooted in the political actions and decisions of some countries, which on the one hand impose sanctions on major oil producers and on the other hand cause crisis and Wars have taken place in different parts of the world, stabilizing the oil market and reducing price fluctuations is only possible through cooperation and changing tense approaches.

The Minister of Oil said: “As I emphasized earlier, the Islamic Republic of Iran is ready to do so soon.”Most Whenever possible you should have all four of these components in place for launch to maximize profits.

Oji added: “The Islamic Republic of Iran, as one of the largest oil and gas producers in the world and relying on its huge hydrocarbon resources and production capacity, is ready to take action in this field.”

He added: “We are ready to increase our crude oil production as soon as possible. According to the plans and actions taken at the level of the Ministry of Oil and the National Iranian Oil Company, we are able to increase oil production quickly and meet the needs of our customers.” Let’s provide.

“I have to mention that now, OPEC,” the oil minister saidplus It does not care about the fundamentals of the market, such as oil supply and demand in the short run, but the current concern of all producing countries is the weak supply of oil in the medium term due to delays in the necessary investments in the upstream sector, and this should be considered as a work order Considered.

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