Forthcoming meeting of the Ministers of oil-producing countries to install a production level


History of edits:: 02/25/2016 17:3257 visits readable
{International: Euphrates News} Russian Energy Minister Alexander Novak announced on Thursday, that “the oil ministers of OPEC {} and abroad planned to meet in mid-March / March next.”
He informed Novak journalists in Minsk , capital of Belarus {Belarus}, that he will attend the meeting in the event of his contract, and he will also meet with probably the Minister of Iranian oil, adding that “freezing the level of oil production should continue at least a year, and that the oil market more quickly moved into balance if frozen Russia and other countries the level of oil production. ”
said Novak that” the issue of installation of the level of oil production may appear in a joint statement at the energy ministers of the Member States meeting in OPEC, the oil – producing countries not members of the Organization, to be held next month ,”noting that” by what we understand, the OPEC plans to hold a ministerial meeting of Member States, and non – OPEC, plans in mid – March / March, and the decisions to be taken may be recorded in a joint statement or document. ” the
Russian minister noted that” lower oil prices period in the absence of the existence of agreements between countries to maintain production at the January level, can be long and exceed the period 2016 2017 “.
earlier this month, Saudi Arabia agreed OPEC ‘s largest producer, Russia is amember of the organization with Qatar, Venezuela to freeze production at January levels, if joined by other producers. Ended h

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