Bijan Namdar Zanganeh

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Last quote by Bijan Namdar Zanganeh

We are in discussions with OPEC members to prepare ourselves for a new decision. But making decisions in this organization is very difficult because any decision will mean production cuts for the members.feedback
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NEW Jun 22 2017 OPEC
We can learn a lot about a person if we know what types of things he or she talks about or comments on the most frequently. There are numerous topics with which Bijan Namdar Zanganeh is associated, including OPEC and Russia. Most recently, Bijan Namdar Zanganeh has been quoted saying: “I have been in OPEC close to 20 years. It's the first time that I witness 100 percent compliance (with cuts) from OPEC and close to 100 percent from non-OPEC. It's strange. I don't know why (the market crashed)” in the article Oil traders punish OPEC for promising too much.
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Bijan Namdar Zanganeh quotes

Nov 29 2016 - Algeria

We will leave the level of production (where) we decided in Algeria.feedback

Nov 28 2016 - Algeria

If we look at the OPEC meeting from an economic point of view we can reach an agreement soon to freeze oil output to 32.5 to 33 million barrels per day as decided in Algeria.feedback

Nov 28 2016

But if political will plays a role in this, it will be difficult to make a decision ... I hope oil is not used in the Wednesday meeting as a political tool.feedback

Nov 26 2016 - OPEC

We are to present our views about this proposal at the ... Nov. 30 OPEC meeting. The general trend and public statements suggest that OPEC can reach a viable agreement for its production and market management. If we can agree, and I am optimistic, (oil) prices will increase and this is also what the world economy demands.feedback

Nov 19 2016 - OPEC

We are receiving positive signals that increase the likelihood of agreement at the meeting ... and I'm optimistic about the situation. I think if we can reach an agreement, God willing, the price would rapidly reach above $50 per barrel ... If non-OPEC (producers) also cooperate, I don't think $55 per barrel would be out of reach.feedback

Oct 23 2016 - OPEC

I hope the two sides can reach an understanding, ... that and Russia and non-OPEC countries will reach an understanding over the decision by OPEC members to decrease oil production.feedback

Oct 23 2016 - OPEC

Since OPEC has reached the framework of an agreement, efforts should be made so that non-OPEC countries can also agree among themselves.feedback

Sep 29 2016 - OPEC

OPEC made an exceptional decision today ... After two and a half years, OPEC reached consensus to manage the market.feedback

Sep 29 2016

We have decided to decrease the production around 700,000 bpd.feedback

Sep 27 2016

It's not my mission to be optimistic or pessimistic.feedback

Sep 06 2016

We support oil prices between $50 and $60 per barrel.feedback

Sep 06 2016 - Iran

Iran wants a stable market and therefore any measure that helps the stabilization of the oil market is supported by Iran.feedback

Feb 17 2016 - OPEC

This is the first step and other steps should also be taken. This cooperation between OPEC and non-OPEC members to stabilise the market is good news. We support any effort to stabilise the market and prices.feedback

May 12 2015

(In) less than 10 days we're going to start to increase our production and during a maximum of six months, we will reach close to 3.8 [million barrels], and at the end of this year, the Iranian year, we will reach four million barrels per day crude oil output.feedback

Dec 04 2013

I'm sure that all OPEC members show wisdom and when member countries, after limitation, return to the market they understand (that) they should open the doors for him and not fight with him.feedback

Jan 07 2005

We should be very concerned about it, action is needed.feedback

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