Home / Oil / Iraq has decided to raise oil producers in Russia, but Novak “objects”

Iraq has decided to raise oil producers in Russia, but Novak “objects”

Ирак решил собрать нефтепроизводителей в России, но Новак "возражает"

Oil producers from within and outside OPEC, to meet in may in Russia for further discussion of freezing the oil. This was reported today by Bloomberg Agency with reference to Deputy energy Minister of Iraq Fayyad al-NIMA.

According to him, Iraq is a slow growth in oil prices, despite the outcome of the Doha talks, notes TASS.

Meanwhile, later Minister of energy Alexander Novak in an interview with reporters denied this information. “There is no such agreement. First, they have until June to settle a situation, and then we will understand (will the meeting — ed.)” — quoted by RIA Novosti Minister.

Last Sunday, April 17, oil-producing countries at a meeting in Doha failed to come to an agreement regarding the freeze of the level of oil production due to the fact that a number of OPEC countries led by Saudi Arabia at the last moment changed his position. The participants of the meeting agreed to revert to this issue at the next summit of OPEC in June.

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