Around 17 countries expected to join oil output freeze talks in Doha — Russian energy minister

April 14, 2016 3:28 am 

YEREVAN, April 13 — Russia’s Energy Ministry has received initial information on the participation of 17 countries to the April 17 meeting in Doha, Qatar, Minister Alexander Novak said Wednesday.

"Only Qatar knows the exact number as they ensure preparation procedures and provide information as organizers. We’ve received information from them that preliminarily around 17 countries have declared determination to come to Doha while more accurate information will be available by the end of the week," he said.

According to the Minister, Russia expects to reach agreement on oil production freeze at the meeting.

"We’re optimistic and we’re going with the object of reaching an agreement," he said.

On April 17, representatives of global oil-producing countries will meet in Doha to discuss oil output stabilization.

In mid-February, Novak and oil ministers of Saudi Arabia, Qatar, and Venezuela confirmed they are ready to maintain average oil production level this year at January 2016 level in case other oil producing countries join the initiative. (PNA/TASS)



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