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    14.03.2016 10:28 Iranian Oil Minister Bijan Zanganeh: Iran is not ready to freeze its oil output until output of 4.0 million barrels a day is reached

    Iranian Oil Minister Bijan Zanganeh said on Sunday that the country was not ready to freeze its oil output until output of 4.0 million barrels a day was reached.

     

    "They should leave us alone as long as Iran's crude oil has not reached 4 million. We will accompany them afterwards," he said.

     

    Zanganeh noted that $70 a barrel would be a suitable oil price.

     

    He pointed out that Iran's oil exports will increase to 2 million barrels a day this month from 1.75 million barrels a day a month earlier.

     

    Iranian oil minister will meet with Russian Energy Minister Alexander Novak on Monday.


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