October 4, 2016 / 10:35 AM / 10 months ago

Iran's Zanganeh says non-OPEC cooperation will help steady oil prices - SHANA

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Iranian Oil Minister Bijan Zanganeh talks to reporters during the 15th International Energy Forum Ministerial (IEF15) in Algiers, Algeria September 27, 2016.Ramzi Boudina

ANKARA (Reuters) - Iran's oil minister said that the cooperation of non-OPEC producers would play an important role in stabilising oil prices, the ministry's official website SHANA reported.

"The situation is getting better ... the non-OPEC oil producer countries can help oil price stability," Bijan Zanganeh told reporters in Tehran, SHANA reported on Tuesday .

He also said Iran will sign more contracts by March 2017 to develop its oil fields.

Writing by Parisa Hafezi, editing by Louise Heavens

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