Bijan Zangane: Iran to support any of three options of oil deal
Iran does not see any difficulties in implementing any of the three options under discussion for the extension of the Vienna agreement on oil output cuts, Iranian Oil Minister Bijan Namdar Zanganeh said.
"We have no difficulties with all three options, three proposals: six, nine and one year," Zangane told reporters.
Saudi Energy Minister Khalid al-Falih gave the thumbs up when asked whether the committee had agreed on a nine-month extension, but his Russian counterpart Alexander Novak surprised later by saying a 12-month prolongation was also on the table.
"The recommendation is to keep current quotas ... The duration is nine months. Tomorrow we will discuss the possibility of extending by another three months (to June 2018)," Reuters cited Novak as saying.