08.01.2014 - Zanganeh: No challenges for OPEC in 2014
Oil Minister Bijan Namdar Zanganeh said members of the Organization of Petroleum Exporting Countries believe the organization will not face any major challenges in 2014. In an interview with OPEC's monthly bulletin in December, Zanganeh said there will be production and investment opportunities for OPEC in 2014, IRNA reported. Referring to the fact that some producers are extracting crude from heavy oil reserves, the oil minister said OPEC members are not against it. "This only constitutes a portion of the production of non-OPEC members," he said...............................................Full Article: Source
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