Minister of Petroleum Bijan Zangeneh and Chairman and Chief Executive Officer (CEO) of French Total Patrick Pouyanné met in the Austrian capital on Thursday prior to the 172nd OPEC conference.
The 172nd Meeting of the Organization of Petroleum Exporting Countries (OPEC) Conference is to be held in Vienna within hours on Thursday.
The today OPEC meeting is to focus on the extension of the November 2016 agreement on cutting oil supply.
In Nov, 2016, Pouyanné in an interview told CNN that “it would be happy to be the first Western oil company to reach an agreement with Iran.”
According to Shana, National Iranian Oil Company (NIOC) has signed a heads of agreement (HOA) with a consortium comprising the Total, CNPC and Petropars for developing project on the phase 11 of the supergiant South Pars Gas Field.