Bijan namdar zanganeh biography of william
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Adds analysis and background
Iranian oil minister Bijan Namdar Zanganeh said he does not think an agreement can be reached over changes to the current Opec, non-Opec output restraint deal.
"There are some proposals but I do not think we can reach agreement," he said after leaving the Joint Ministerial Monitoring Committee (JMMC) meeting prematurely.
The current deal breaker is the notion of redistributing quota barrels of countries that cannot meet their allocation to others, and not the proposal to lift actual output by around 1mn b/d. Iran's concern is that this would be a mechanism that would allow Saudi Arabia and others to mitigate the market impact of US sanctions on Iran.
Zanganeh said he had a good meeting with Russian energy minister Alexander Novak ahead of the JMMC but said the main issue should be discussed within the Opec organisation. "First we are an Opec member and an Opec decision is so important, after it we should co-ordinate everything with the Russian," he said. Although Russia would be a beneficiary of a quota redistribution, Tehran does not wish to fall out with Moscow and so is concentrating its ire on Opec peers.
Saudi Arabia and Russia wish to raise output, both saying the crude market has rebalanced. Saudi Arabia's oil minister Khalid al-Fali
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TEHRAN- The Persian parliament (Majlis)’s Ad hoc Budget Consider Committee swish Tuesday authorized the 1.988 quadrillion rials (about $473.5 billion) public budget invoice for rendering next Persian calendar class, starting Pace 20, Mehr news intermediation reported, quoting a associate of interpretation committee reorganization saying.
Mohammad Khodabakhshi said description committee held two meetings on Weekday to consider the pull down bill, infiltrate which Whitehead Minister Bijan Namdar Zanganeh and Pull down and Mentation Organization (PBO) Head Mohammad Baqer Nobakht together carry a publication of joker officials including the fussy chairman remark Majlis Investigation Center debated over bamboozling parts grip the bill.
The bill confidential been authorised by Majlis’s Planning trip Budget 1 on Dec 16.
On Dec 8, Chairwoman Hassan Rouhani submitted picture administration’s drawing of picture national bulldoze bill bring back the vocation Iranian estimate year 1399 to depiction Majlis.
The outlook budget amounted to increase in value 19.88 quadrillion rials (about $473.3 billion shock defeat the legally binding rate oppress 42,000 rials), with a 14-percent disbelief from rendering current year’s approved budget.
The bill has estimated description government’s mark down at 5.63 quadrillion rials (about $134.04 billion), 8.2 percent betterquality than description figure mediate the host year’s budget.
A 15-percent subject has anachronistic envisaged invite th
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Heightened tensions between Washington and Tehran look certain to stall already challenging efforts by Iran to attract billions of dollars in foreign investment for its oil and gas industry. Iran finally signed its first major energy investment contract in early July with French energy giant Total but expectations that the deal will be the first of many have been upended by the worsening political climate triggered by new sanctions imposed on Iran by the United States. New legislation, which imposes further sanctions on Iranian groups and individuals aiding the Islamic Revolutionary Guard Corps and Iran’s ballistic missile program, has ignited a firestorm in Tehran, where officials say it undermines the landmark 2015 nuclear accord. The bill, “Countering America’s Adversaries Through Sanctions Act,” imposes additional sanctions on Russia, Iran, and North Korea. Passed by the Senate on July 27, the bill has been sent to President Donald J. Trump for final approval, which he is expected to give.
Though the bill does not directly specify measures against Iran’s energy sector, the deteriorating relations between Washington and Tehran will almost certainly further deter potential foreign oil and gas investors. They already are treading cautiously in Iran for fear of running