Global Oil & Gas: “OPEC deal needs to include Libya and Nigeria” – Minister

 

Iranian Oil Minister Bijan Zanganeh
Iranian Oil Minister Bijan Zanganeh

Iran’s oil minister Bijan Zanganeh said that compliance with the OPEC deal thus far “has been acceptable overall,” but he said that “some changes are needed,” according to SHANA, the Iranian oil ministry’s news agency.

 

“Firstly, all members should commit 100 percent to the production cut agreement and secondly, the production level of Nigeria and Libya should be brought into consideration,” he said. For now, Nigeria and Libya are not included in the agreement, but there has been a growing chorus to limit their output.

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