Wednesday, April 13, 2016

Azerbaijan and Russia can agree on a position on the freezing of oil before the meeting in Doha – TASS

BAKU, April 13. / Corr. Sevinj Abdullayeva TASS /. Russian Energy Minister Alexander Novak suggested that the Azerbaijani side to hold a consultation before the meeting of oil-producing countries in the Qatari capital Doha. This was reported in Wednesday’s press service of the Azerbaijani Ministry of Energy.

“The Minister of Energy Alexander Novak phoned Azerbaijani counterpart Natiq Aliyev and proposed to hold consultations before the meeting in Doha to study the proposal for the conservation of oil production at the level of January and position Azerbaijan and Russia in connection with the decision to be taken at the meeting “, – stated in the Ministry of Energy

The question of the freezing of oil production at the level of January 2016 will be discussed on April 17 at a meeting in Doha, Qatar.. Most oil-producing countries have confirmed participation in the meeting.

In mid-February of the current year in the capital of Qatar oil ministers of Saudi Arabia, Qatar, Venezuela, OPEC and Russian Energy Minister Alexander Novak expressed their willingness to save, on average, 2016 . production at the level of January this year in order to stabilize oil prices of raw materials, if other oil-producing countries will join this initiative.

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