Text Version
RSS Feeds
Newsletter
Home Forum Photos Features Newsletter Archive Employment
About US Help Site Map
SEARCH   About US FAQ Site Map Site News
  SERVICES
  -Text Version
  -RSS Feeds
  -Newsletter
  -News Archive
  -Give us feedback
  -Voices of Readers
  -Online community
  -China Biz info
  What's new
 -
 -
Iranian minister: OPEC oil output change unnecessary
+ -
15:38, July 23, 2008

 Related Channel News
· Surge in Oil Prices
 Comment  Tell A Friend
 Print Format  Save Article
Iran's Oil Minister Gholam Hossein Nozari said on Tuesday that it is unnecessary for the Organization of Petroleum Exporting Countries (OPEC) to change the current output, the English-language satellite channel Press TV reported.

"The market is well supplied," Nozari was quoted as saying on the sidelines of a petrochemical conference in Tehran.

In a regular meeting scheduled for Sept. 9, the members of OPEC will discuss output policy.

"Since in September we will be approaching winter, preserving the current situation is the most appropriate decision," Nozari said.

Iran is the fourth largest oil exporter in the world and ranks second in output among OPEC members.

Nozari's comment came as world oil prices rebounded Tuesday amid concerns that an impending hurricane, according to U.S. forecasts, might hit the Gulf of Mexico which houses substantial number of oil refineries.

Source:Xinhua



  Your Message:   Most Commented:
"Nonviolence" in the mouth of "Dalai Lama"
Sarkozy's conditions for Olympics visit met with anger by Chinese netizens
Central authorities to meet Dalai's representatives in early July
China warns U.S. legislators away from China's internal affairs
"Mermaid" body found in Hainan province

|About Peopledaily.com.cn | Advertise on site | Contact us | Site map | Job offer|
Copyright by People's Daily Online, All Rights Reserved

http://english.people.com.cn/90001/90778/90858/90865/6457107.pdf