Friday, November 30, 2007

Iran will increase oil manufacture

On Saturday Iran has declared that, by its estimations, in the world market is enough oil, but in case of need it is ready to increase oil-raw manufacture, for example, if the prices rise to 100 dollars for barrel.

Thus the minister of a petroleum industry to Goals Hussein Nozari has underlined, that any increase in manufacture of oil will be made only with the consent of 13 members the Organizations of Petroleum Exporting Countries (OPEC).

"The market does not test shortage in oil deliveries. But if statistical data reveal necessity to make more oil, we have a potential for manufacture increase", - has declared Nozari to journalists.

Nozari has reminded, that the quota of Iran - the second-large exporter among the OPEC countries - makes 4,145 million barrels of oil a day, however it has possibility to make and export 4,3 million barrels a day. However "kindly" on this step members of the OPEC should give, he has added.

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