Iran can hike oil output if OPEC wants, says official

Tue Dec 4, 2007 1:26pm GMT
 
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TEHRAN, Dec 4 (Reuters) - Iran could supply additional oil to the market if OPEC chose to increase production, Iran's OPEC governor said on Tuesday, although he said Tehran saw no need for an OPEC hike.

"Iran has capability to supply the market with more oil to the market if OPEC decides to boost output," Hossein Kazempour Ardebili was quoted as saying by the Iranian Oil Ministry's Web site SHANA.

 

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