ALGIERS (Pakistan Point News / Sputnik - 23rd September, 2018) The Joint Ministerial Monitoring Committee (JMMC) of the Organization of the Petroleum Exporting Countries (OPEC) and non-cartel oil producers, which met earlier in the day in Algiers, takes into account the situation around Iran and its current oil production, Russian Energy Minister Alexander Novak told reporters on Sunday.
"Today, at JMMC, Iran said that they still retained oil production ... Those forecasts, which the technical committee presented today, take into account the current situation," Novak said when asked whether the JMMC took the situation around Iran into account.
The United States has been reintroducing sanctions on Iran after Washington pulled out from the Joint Comprehensive Plan of Action (JCPOA), commonly known as the Iranian nuclear deal, in May.
