Iran’s Oil Minister Bijan Namdar Zanganeh will join an informal meeting of OPEC members next month in Algiers, ending uncertainty about whether OPEC’s third-biggest producer would participate, Bloomberg reports citing state news service.
Producers from the Organization of Petroleum Exporting Countries will meet on the sidelines of an energy policy group in the Algerian capital next month to consider conditions in the oil market.
“I will participate in this meeting,” Iran’s Zanganeh was cited as saying by the oil ministry’s news service Shana. Zanganeh had not previously committed to attending the meeting, and he didn’t comment on the position Iran will take at the talks.
Zanganeh also said he will meet with OPEC Secretary General Mohammed Barkindo “in the near future.”
