As it became known to RBC, meeting Russia with five countries – members of OPEC to be held March 20 in St. Petersburg. This was reported by two sources close to the Ministry of Energy, and confirmed the agency official
One of RBC’s interlocutors said that at a meeting attended by representatives of the countries visited by Russian Energy Minister Alexander Novak during his tour and talks to stabilize world oil prices. In particular, the invitation had already received the head of the ministries of oil and gas production in Saudi Arabia, Qatar, Nigeria, Venezuela and Iran. These five countries – members of OPEC, together with Russia account for about 32% of world oil production
Representatives of other major oil producers (USA, Iraq, Norway and Mexico) to the meeting is not called, the source of RBC said <.. / p>
About the meeting of major oil producing countries March 20, Russia on Thursday reported and Bloomberg agency reports citing the oil minister of Nigeria Emmanuel Kachikvu.
Russia in these negotiations will be energy Minister Alexander Novak, the meeting is scheduled at the level of oil and gas Ministers invited states, two sources told RBC that are close to the ministry, and the confirmed ministry employee. The provisional agenda – development of measures to stabilize the supply and demand in the oil market that oil prices rose. In essence we are talking about production frozen at the level of January 2016 and the legal consolidation of this arrangement, said all three of the interlocutor.
Representatives of Russia, Qatar, Venezuela and Saudi Arabia have previously agreed to freeze oil production for January-level meeting in Doha in mid-February. This agreement will enter into force if it will join most of the other manufacturers. And President Vladimir Putin’s meeting with leaders of the major oil companies on March 1 Novak said that the freeze production ready 15 countries, accounting for 73% of oil production in the world.
The Minister of Petroleum and Mines Eulogio del Pino Venezuela on Thursday he said that in a meeting on production freeze, will be attended by more than 15 countries – members of OPEC and countries that are not members of the organization, according to TASS. The venue he did not name.
However, Iran recently has received the ability to export oil to Europe, refused to join the agreement. In Tehran, explained by the fact that the country has not regained its market share after the lifting of sanctions.
The official said the Ministry of Energy, as alternative to St. Petersburg areas for negotiation are considered Moscow and Doha (Qatar).
«Today being worked out various options regarding the place and date of the meeting, which will focus on the oil market stabilization measures “, – stated in the Ministry of Energy, published on its website. The official representative of the Ministry of Energy did not confirm that St. Petersburg – has agreed place for the meeting of oil ministers.
The most appropriate price for oil from the point of view of supply and demand balance is $ 50 per barrel in late February said Nowak (on Thursday, Brent crude was trading at $ 36.6 per barrel). He explained that if the oil price will rise above the level of $ 50-60 per barrel, this will allow the companies to resume the investment activity and proceed to the previously frozen projects. Then Novak said that at a meeting in March (a place he did not call the meeting) can be formally recorded agreement on the freezing of oil production at the level of January: “And there may already be a kind of solution are fixed, some joint statements, joint papers ».
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