Libya has refused to participate in the meeting of oil producers, which is scheduled for April 17 in the capital of Qatar.
Libya’s representative to OPEC explained this decision by saying that Libya intends to increase oil production, when she will allow it, reports “Interfax”.
Before the fall of the Gaddafi regime and the outbreak of hostilities in 2011, Libya produced 1.6 million barrels per day, currently 400 thousand barrels per day.
Earlier today it was announced that Qatar had been sent to all member countries of OPEC and other major oil-producing States an invitation to participate at the meeting in Doha on April 17.
The representative of the Ministry of energy of the Russian Federation has informed RIA “news” that Russia had received an invitation and plans to participate in the meeting.
16 February 2016 following the meeting in Doha, Russia, Saudi Arabia, Qatar and Venezuela have agreed to freeze oil production at the level of last January, but only if other manufacturers will join the initiative. Among the countries that had expressed such a readiness, Ecuador, Algeria, Nigeria, Oman, Kuwait, UAE. Iran and Iraq is still talking only about supporting “steps to improve the situation in the oil market”, avoiding promises to join the frozen production.
OPEC Secretary General Abdullah al-Badri does not rule out that some OPEC members may not attend a meeting in Qatar in April, but 15-16 of the main producers of oil in the world will participate in the meeting, and “this is quite good”.
Sources say that the meeting is not expected the presence of delegates from Brazil and Argentina.
