The head of the energy Ministry of Russia Alexander Novak said that hopes for success in the negotiations on a possible freeze of oil production by member countries of OPEC and the countries not members of the organization, reports RIA Novosti. In the Qatari capital Doha on April 17, is scheduled to discuss the fixing of production volumes at the level of January.
“Now considering freezing production at the level of January, but I can do other offers”, — said the Minister, adding that while he knew nothing about any alternatives.
Among the biggest oil producers agreed to limit production at the level of January this year, Saudi Arabia, Qatar, Russia and Venezuela. Also expressed their willingness to join the agreement Ecuador, Algeria, Nigeria, Oman, Kuwait, UAE. At the same time, Saudi Arabia stated that it would not freeze production while on the same step will be Iran. The leaders of the Islamic Republic has repeatedly stated that the country will increase production until you restore its previous level of oil production in OPEC to 4 million barrels a day.
On Friday, April 8, in the capital of Ecuador, Quito negotiations carried out in Latin American countries-the oil producers — Ecuador, Colombia, Mexico and Venezuela. They intend to develop a common position on the issue of freezing of production. These countries, like Russia, are interested in the promotion of growth in oil prices, since the decline of their economy suffered greatly.
