Iran Press/Iran news: Iranian oil minister Bijan Namdar Zanganeh said on Saturday "We did not have any suggestion for the urgent OPEC meeting but we believe that it is important to have a good understanding before holding any urgent ministerial meeting of OPEC."
He said that Iran will participate in any urgent OPEC meeting but holding such a meeting without reaching a mutual understanding first is useless and will lead to a lowering of global oil prices.
Zanganeh made the remark on the sidelines of a signing ceremony for a contract for recycling improvement, production increase and utilization of Parsi and Paranj oilfields, held in Tehran on Saturday.
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