Iran firm on candidate for OPEC post

Iran says it is standing firmly behind its own candidate for secretary general of the oil cartel OPEC and warns it will not vote for any other.

    A meeting in December will determine who leads the cartel

    "If they (the other members) don't vote for Iran's candidate ... there is no reason Iran should vote for others," Oil Minister Bijan Namder Zangeneh said on Saturday.

    Venezuela's Alvaro Silva Calderon is seeking a new mandate as chief of the Organisation of Petroleum Exporting Countries, but both Iran and Kuwait have also put up candidates for the strategically important post.
     
    The Iranian minister said Tehran's position had not changed.

    "There are three nominations, Iran, Venezuela and Kuwait. The ministers have to decide. And if they couldn't decide, based on OPEC's charter, the election should be done based on alphabetic order," he said, reiterating a suggestion that OPEC could resort to a rotating leadership.

    At a meeting in Vienna in September, OPEC ministers were unable to reach any agreement on who should lead the cartel, an appointment that has to be made by consensus. The cartel is due to meet on 4 December.

    SOURCE: AFP


    YOU MIGHT ALSO LIKE

    All Hail The Algorithm

    All Hail The Algorithm

    A five-part series exploring the impact of algorithms on our everyday lives.

    The priceless racism of the Duke of Edinburgh

    The priceless racism of the Duke of Edinburgh

    Prince Philip has done the world an extraordinary service by exposing the racist hypocrisy of "Western civilisation".

    China will determine the future of Venezuela

    China will determine the future of Venezuela

    There are a number of reasons why Beijing continues to back Maduro's government despite suffering financial losses.