Iran's proposal on OPEC fund to be assessed

1st VP: Iran's proposal on OPEC fund to be assessed - Irna: "First Vice President Parviz Davoudi here Thursday said that the portion of OPEC revenue to be allocated to the fund proposed to OPEC by Iran to support poor countries, will be specified and announced.

Speaking to the media on the sidelines of the 11th International Oil, Gas and Petrochemical Exhibition (April 20-23), he referred to the proposal by President Mahmoud Ahmadinejad to establish a fund to gather part of OPEC revenue to protect poor states and said that once the assessment of the issue is over, the outcome will be announced."