BAKU, January 6 -. RIA Novosti Azerbaijan supported the decision of OPEC to freeze oil production of member countries, said the head of the State Oil Company of Azerbaijan (SOCAR) Rovnag Abdullayev
© AP photo / Hasan Jamali
Russia, Saudi Arabia, Qatar and Venezuela at a meeting in Doha on February 16 to support world oil prices agreed to such an extent as the preservation of production, on average in 2016 to the level of January, but only if other manufacturers will join the initiative. Among the countries that have expressed a willingness, Ecuador, Algeria, Nigeria, Oman, Kuwait, the United Arab Emirates. Iran and Iraq is said to only support “steps to improve the situation in the oil market”, avoiding promises to join the production freeze.
“Frankly – we join in this position we expect to freeze oil production in 2016 and leave it at the same level we have suspended projects (to increase production – Ed.).. … Level in Azerbaijan production will not exceed, than last year, “- said Abdullayev said in an interview to ANS
The meeting of the Russian Federation, the member countries of OPEC and other oil-producing countries can go in the period from March 20 to April 1 discusses options for its holding in one. Russian cities, Doha and Vienna. Russian Energy Minister Alexander Novak expressed hope that Kazakhstan and Azerbaijan will take part in the meeting.
No comments:
Post a Comment