SHANA -- Iran�s Minister of Petroleum Bijan Zangeneh said OPEC ministers agreed on Saturday to continue cutting 9.7 mb/d from their output provided that non-member allies follow suit.

�It was decided that the agreement on cutting 9.7 mb/d from output should be conditional on the agreement of 10 non-OPEC producers,� he told reporters as he left the meeting held through videoconference.

Zangeneh also said there was no �challenge� between OPEC states, adding: �The agreements went ahead as planned.�
He said the main issue was compliance by some members like Iraq with production cut quota. He added that they promised to compensate in coming months.

13-member OPEC and their 10 allies � collectively OPEC+ - in their Declaration of Cooperation in April agreed on a three-phase production cut, starting from 9.7 mb/d for two months to continue at 7.7 mb/d for six months and then at 5.8 mb/d for another 16 months.

If agreed, the 9.7 mb/d cut will continue for up to the end of July.

Iran, Libya and Venezuela are exempt from any cuts.