“I think this level of prices is acceptable and I believe all are comfortable with this level of prices,” Reuters quoted Zangeneh as saying while attending the International Energy Forum in New Delhi on Wednesday.
“Global benchmark Brent crude futures were at $70.84 a barrel at 0317 GMT.”
Zangeneh arrived in this Indian capital early on Wednesday to take part in the 16th International Energy Forum (IEF).
During his day-long visit to New Delhi, Zangeneh is to attend IEF ministerial meeting, deliver a speech to the energy event and hold talks with his Indian counterpart.
IEF is the biggest energy gathering being held biennially, and Iran is its active member.
The IEF 2018, which is to start with an speech by the Indian Prime Minister Narendra Modi, is being held in New Delhi from April 10-12.
According to ief.org, the 16th International Energy Forum Ministerial (IEF16) gathers IEF Energy Ministers, industry leaders, and heads of key international organizations to debate the future of global energy security under the theme 'The Future of Global Energy Security: Transition, Technology, Trade and Investment.'
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Tehran, April 11, IRNA – Iranian Petroleum Minister Bijan Zangeneh says the current Iranian oil prices at an acceptable level.
