Iran says it will not attend Qatar oil production meeting

Staff Writer
Columbus CEO

DOHA, Qatar (AP) — Iran says it will not attend an oil producers' meeting in Qatar aimed at freezing production.

The Oil Ministry's SHANA news agency quoted Oil Minister Bijan Namdar Zangeneh making the announcement in a report carried only in Farsi Saturday night.

The agency quoted Zangeneh as saying: "We reached the conclusion that the Doha meeting is for those who want to sign the oil freeze plans, and if we wanted to have a representative at the meeting, it was to show our support of this project. But since Iran is not going to sign this, there is no need for the presence of Iran's representative at the meeting."

Producers are meeting in Doha on Sunday to discuss a plan to freeze production at January levels to try to bolster global prices.