Iran may attend Doha meet but not talk output cuts

Qatar has invited all OPEC members and major producers from outside the exporting group to attend talks on April 17

Iran is expected to join t he OPEC, non-OPEC talks in Doha this month.
Iran is expected to join t he OPEC, non-OPEC talks in Doha this month.

OPEC member Iran expects to attend an oil producers meeting in Doha this month, a source familiar with Iranian thinking told Reuters last week.

However this does not mean it will take part in negotiations over a production freeze, the source said.

"An invitation has been extended... We support it but it doesn't mean we will join in the freeze talks," the source said.

Qatar has invited all OPEC members and major producers from outside the exporting group to attend talks on April 17 on a deal to freeze output to support the global oil market.

‘The need has become an urgent matter to bring back balance to the market and recovery to the global economy’, Qatar’s Energy Ministry said in its invitation letter.

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