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Iran, Pakistan Discuss Oil, Gas Sectors Cooperation

TEHRAN (FNA) Pakistan’s Minister for Petroleum and Natural Resources Ahsanullah Khan said there exists tremendous scope for promoting Pak-Iran ties in the oil, gas and mineral sectors and invited the Iranian companies to participate in the upcoming petroleum projects for learning a lot from each others’ experience.

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Iran: Many OPEC States Can’t Raise Output

TEHRAN (FNA) Many OPEC states are now producing as much oil as they can, limiting the ability of the cartel to raise output even if such a decision was made to help cool crude prices, an Iranian oil official was quoted on Saturday as saying.

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