Majlis

MP hails petroleum ministry for regaining market share

 

TEHRAN, June 15 (Shana) – Ghasem Ahmadi, a member of the Iranian parliament, praised the Iranian Ministry of Petroleum for its efforts to revive the country’s oil market share it lost under the sanctions.

Speaking at an open session in the parliament on Tuesday, Ahmadi said every economy can be presented internationally when it can export items to global markets.

“Presence in international markets can have an effect on political, social and cultural grounds as well,” the MP argues.

He said export of oil can be seen as the top economic concern for Iran and the sanctions caused some troubles in that sector for the county.

He said Iran’s share in world’s oil demand fell from 3.5% in 2003 to 1.26% in 2012 because of the sanctions.

“We must be thankful to Iranian Minister of Petroleum Bijan Zangeneh and his colleagues to bring Iran’s oil exports to 2.2mbd by the end of the summer,” the MP added.

By SHANA