"The ground is ready in OPEC to accept Russia as a new member, but, of course, countries request membership by evaluating and considering their own interests," Fars quoted Nozari as saying late on Tuesday. He did not elaborate.
Source: Reuters
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Iran Suggests Russia As OPEC Member
Iran's oil minister suggested that OPEC would accept Russia as a member, Reuters reported
Gholamhossein Nozari, speaking a few days before the cartel is due to meet in Vienna on March 15, also reiterated a call for more cooperation between OPEC and non-OPEC countries. Iran is the world's fourth-largest oil producer.
Oil prices have plunged about $100 a barrel since a peak of $147 in July, despite a series of production cuts by the Organization of the Petroleum Exporting Countries in the last six months.
"The ground is ready in OPEC to accept Russia as a new member, but, of course, countries request membership by evaluating and considering their own interests," Fars quoted Nozari as saying late on Tuesday. He did not elaborate.
In December, Deputy Prime Minister Igor Sechin said his country may choose to decide to become an OPEC member in the future.
Source: Reuters
"The ground is ready in OPEC to accept Russia as a new member, but, of course, countries request membership by evaluating and considering their own interests," Fars quoted Nozari as saying late on Tuesday. He did not elaborate.
Source: Reuters
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