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    Iranian oil workers work at the Tehran's oil refinery south of the capital Tehran, Iran, Monday, Dec. 22, 2014

    Iran Confirms Plans to Increase Oil Production But Wants Higher Price

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    Iran will participate in the meeting of the OPEC countries due to take place in early June in Vienna, according to a source in the Iranian Oil Ministry.

    TEHRAN (Sputnik) — Iran will increase oil production to the level that existed before the introduction of the embargo against the country, however, Tehran supports the measures to strengthen the oil prices, a source in the Iranian Oil Ministry told Sputnik on Sunday.

    "Our position remains unchanged, we have repeated it many times: we will continue to increase the production [of petroleum] until we reach the level that we had before the embargo. However, we support all the steps that may lead to the strengthening of oil price," the source said.

    The source also confirmed the intention of the Iranian side to participate in the meeting of the OPEC countries due to take place in early June in Vienna.

    "Iran will participate. We are always involved and do not miss these meetings," he said.


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    Oil, oil price, OPEC, Iran
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