OPEC Chief: Iran Committed to Consensus

The transcript discusses Iran's assurance to support consensus-building efforts within and outside OPEC. It highlights the extensive work by ministers and officials to engage in consultations with OPEC members and other stakeholders. The speaker expresses concern over the declining investment levels in the industry, particularly in exploration and production (EMP), and mentions ongoing revisions to investment cuts.

What assurance did President Hassan Rouhani provide regarding Iran's role in OPEC?

• Iran will collaborate with OPEC and non-OPEC members.

• Iran will increase oil production.

• Iran will reduce oil prices.

• Iran will leave OPEC.

What is the main focus of the ministers and officials according to the speaker?

• Expanding oil exploration.

• Building consensus within OPEC and with other stakeholders.

• Increasing oil prices.

• Reducing oil production.

Who are the key stakeholders mentioned in the speaker's efforts to build consensus?

• Environmental organizations.

• Only oil companies.

• Non-OPEC countries and other key stakeholders.

• Only OPEC member countries.

What is the speaker's main concern regarding the industry?

• Expanding oil reserves.

• Rising oil prices.

• Declining investment levels.

• Increasing oil demand.

What specific area of investment is being revised according to the speaker?

• Renewable energy.

• Exploration and Production (E&P).

• Oil refining.

• Transportation infrastructure.