UP

Sixteen countries invited to meeting of OPEC

Home page Economy
12 Punto 14 Punto 16 Punto 18 Punto

Sixteen countries have been invited to the meeting of the ministerial monitoring committee of OPEC +, which will be held in Algeria on September 23.

Axar.az informs citing TASS.

The source added that the meeting may become the biggest for the number of participants in the history of the committee.

In total 16 countries have been invited, the meeting will be held in the mini-OPEC format. Only Ecuador and Equatorial Guinea will not attend the meeting.

It is not clear whether Iran will take part in the meeting of the committee.

The ministerial monitoring committee includes six countries - Russia, Saudi Arabia, Kuwait, Venezuela, Algeria and Oman.

The source also said that the meeting of experts of the technical committee, scheduled for September 11, which was to discuss the mechanism for distribution of quotas for the recovery of production, has been postponed to September 17.

The ministerial meetings of the committee are held every other month since the beginning of 2017, when the agreement on cutting oil output came into effect.

The function of the committee is to recommend measures for joint regulation of the oil market to OPEC+ countries.

Date
2018.09.11 / 11:43
Author
Axar.az
See also

Oil prices keep falling on global markets

Oil prices dip slightly on global markets

Oil prices dip slightly on global markets

Global oil prices see slight increase

Oil prices keep falling globally

Oil prices tumble on global markets

Oil prices rise again on global markets

Oil prices fall again on global markets

Oil prices keep climbing globally

Oil prices keep rising globally

Latest
Xocalı soyqırımı — 1992-ci il Bağla
Bize yazin Bağla
ArxivBağla