• Rusian Minister of Energy and the Secretary General of OPEC to discuss freezing oil production in Algeria

Market news

26 August 2016

Rusian Minister of Energy and the Secretary General of OPEC to discuss freezing oil production in Algeria

Russian Federation Energy Minister Alexander Novak and OPEC's Mohamed Barkindo may hold a meeting at the Energy Forum in Algiers on 26-28 September. This was announced today by Russia's permanent representative at the OPEC Vladimir Voronkov after a meeting with the head of the cartel.

"We agreed that Burkindo and Novak will discuss in the near future during the International Energy Forum in Algiers on 26-28 September," - he said.

At the end of September in Algeria will be held the International Energy Forum, in which countries - exporters of oil are going to negotiate the "freezing" of production. The initiators of the discussion are the Venezuela, Ecuador and Kuwait. Ministers of Saudi Arabia, Iraq and Iran have already confirmed their participation in private talks.

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