Minister of Oman: discussions on freezing oil should continue – RIA Novosti

MOSCOW, April 18 – RIA Novosti Oil-producing countries should continue to work towards an agreement on freezing the level of oil production, he said in an interview with Bloomberg Minister of Oman Oil Mohammed bin Hamad al-Rumhi

Oil-producing countries following the meeting in Doha on Sunday failed to reach an agreement on the production freeze “black gold”. A number of OPEC countries, primarily Saudi Arabia, suddenly began to insist on the participation in the agreement of a wider range of participants, in particular all members of OPEC.

Earlier, Saudi Arabia said the possibility of a deal, but it has taken a tough stance in the Doha negotiations and He refused to support any agreement without the participation of Iran. Iran, in turn, declared its readiness to discuss the issue on frozen only after reaching the dosanktsionny level of 4 million barrels per day and was not present at the meeting in Doha. The next time the issue of freezing production will be discussed at the OPEC meeting in Vienna in June. In case of an agreement to negotiate may join and the oil-producing states that do not belong to the organization.

According to the minister of Oman, the outcome of Sunday’s meeting was disappointing, but not unexpected, since Iran is not involved in the negotiations, and Saudi Arabia insisted on Iran’s inclusion in a deal to freeze.

“One of the proposals, which was not discussed at the meeting in Doha, is to freeze production based on the highest level, “- said al-Rumhi. He noted that the majority of oil-producing countries have reached maximum production levels, it is this factor, according to the minister, it is necessary to take into account when discussing the agreement.

The Minister also added that Oman’s good relations with all the producing countries, in particular Saudi Arabia and Iran. “From today until June, we will work hard to convince everyone that the frost – it the right way.” He also expressed the hope that those countries that have not participated in the negotiations in Doha, join the discussion in June.

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