OPEC output plans not conducive to freeze agreement: Dana CEO Iran sees need for other producers to limit supply: Mills Iran’s plan to keep boosting crude production until it regains its OPEC market share is dimming prospects of collective action by major producers to freeze output, according to Patrick Allman-Ward, chief executive officer of Dana Gas PJSC. “I’m not overly optimistic about an oil freeze being agreed,” Allman-Ward said in a Bloomberg Television interview in Dubai on Sunday. “There’s pressure with Iran working to increase production. The environment is not that conducive to a freeze.” Dana Gas produces hydrocarbons from Egypt to Iraq and sells condensate, a light oil. Iran lost its position as OPEC’s second-largest producer after the U.S. and European Union tightened sanctions on its economy in 2012. While the country supports action to stabilize the market, it won’t participate in a freeze in output before regaining […]