Iranian Minister for Oil Bijan Namdar Zanganeh said that Iranian petroleum industry would survive even if the oil press fell to $25 per barrel, News Azerbaijan reports.The minister explained that OPEC states and oil producers from non-OPEC countries should cooperate to invest in the oil industry and create favourable conditions for extractors and consumers.
Iranian Minister for Oil Bijan Namdar Zanganeh said that Iranian petroleum industry would survive even if the oil press fell to $25 per barrel, News Azerbaijan reports.
The minister explained that OPEC states and oil producers from non-OPEC countries should cooperate to invest in the oil industry and create favourable conditions for extractors and consumers.
