A meeting between OPEC Secretary-General Mohammed Barkendo and Iran’s oil minister has started in Tehran.
The meeting will discuss global oil market conditions as well as crude prices.
The Iranian Ministry confirmed the talks were taking place in a statement on its website.
A spokesman said: “The meeting between the OPEC official and Minister Bijan Namdar Zanganeh started a few minutes ago. Barkindo arrived in Tehran on Monday night.”
Earlier today it was revealed Iran hopes to have a new oil terminal up and running by the end of the year.