Last quote by Fereidun Fesharaki
They (Aramco) seem to be creating a beauty parade and talking to everyone. New York is absolutely out due to regulatory restrictions. It is not a maybe, it is definite.
We can learn a lot about a person if we know what types of things he or she talks about or comments on the most frequently. There are numerous topics with which Fereidun Fesharaki is associated, including Iran, Saudis, and max. Most recently, Fereidun Fesharaki has been quoted saying: “They (Aramco) seem to be creating a beauty parade and talking to everyone. New York is absolutely out due to regulatory restrictions. It is not a maybe, it is definite.” in the article Kingdom come: New York may be a long shot for Aramco IPO. An other article where Fereidun Fesharaki has been quoted is No real impact in the short-term as output will take 5-7 years to ramp up: Consultant.
Quotes by Fereidun Fesharaki
Feb 01 2017
Opening up the environmentally sensitive areas that Obama had closed could make a difference that could increase conventional fuel production by 1 million barrels per day (bpd) or more, but that would take five to seven years, so in the short-term, there's no impact. Keeping it in this range of where it is today is very important because it only allows one important part of the U.S. production–Permian Basin–to come in. Bakken and Eagle Ford are still high-cost to come in at this price range.
Oct 02 2016
Iran cannot produce much more than the present, so around 3.7 million bpd may be the max.
Sep 28 2016
OPEC needs a gimmick to raise prices to over $50.
Sep 05 2016
Fundamentals do not change at all with the freeze. Saudis have upped their production to 10.7 million barrels per day so immediate surge capacity for them is not more than 200,000 to 300,000 barrels per day. They max production then they talk freeze and markets are so stupid they take this as positive.
May 01 2016
Shipping insurance is still a problem. We see many buyers in the market still avoid buying from Iran.
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