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Page added on July 27, 2013

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Iran stands high chance of winning chairmanship of OPEC

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The headquarters of the Organization of the Petroleum Exporting Countries (OPEC), Vienna, Austria (file photo)

The headquarters of the Organization of the Petroleum Exporting Countries (OPEC), Vienna, Austria (file photo)
Sat Jul 27, 2013 7:1AM

The election to pick OPEC’s secretary general is scheduled to be held in Vienna on December 4, with Iran, Iraq and Saudi Arabia vying for the post.”

An Iranian lawmaker says chances are high for the Islamic Republic to assume the presidency of the Organization of the Petroleum Exporting Countries (OPEC).

“Iran is among the countries which, since the beginning of OPEC’s activity, has had an effective presence in the organization and enjoys a high level of expertise and experience compared to the other members of the organization,” said Hossein Amiri Khamkani, a member of the Economic Committee of Iran’s Majlis, on Saturday.

“Although there is a tight competition between Iran and Iraq to become OPEC’s secretary general, it seems that our country has a higher chance of securing this top post,” he pointed out.

The election to pick OPEC’s secretary general is scheduled to be held in Vienna on December 4, with Iran, Iraq and Saudi Arabia vying for the post.

“If Iran assumes the position of secretary general at the OPEC, it will definitely be influential in numerous decisions made by the organization, and also in [determining] the level of production as well as exports and imports of oil in the world,” the Iranian lawmaker noted.

OPEC is a Vienna-based intergovernmental organization of 12 oil-producing countries, which groups Algeria, Angola, Ecuador, Iran, Iraq, Libya, Kuwait, Nigeria, Qatar, Saudi Arabia, the United Arab Emirates, and Venezuela.

OPEC accounts for roughly 40 percent of the world’s oil supply.

press tv


2 Comments on "Iran stands high chance of winning chairmanship of OPEC"

  1. BillT on Sat, 27th Jul 2013 3:25 pm 

    Now that would be an interesting turn of events…

  2. rollin on Sat, 27th Jul 2013 11:28 pm 

    Deja vu for the gas lines of the 1970’s?

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