An informal meeting of OPEC will be held on 28 September without the participation of Russia, said today the Secretary General of the cartel Muhammad Barkindo.
“No. This meeting only members of OPEC,” he said, answering the question TASS whether to take part in the informal meeting of the organization on 28 September in Algeria.
Barkindo also does not exclude the admission of new members to the organization. “Yes. We recently took to the organization Gabon, Indonesia. Now we are 14. We wait for new applications — ed.) who are interested”, — he said, without naming possible of the country.
In Algiers from 26 to 28 September is the international energy forum (IEF). In the event a scheduled informal meeting of the OPEC countries, which, according to Russian energy Minister Alexander Novak, may pass on Tuesday or Wednesday. As expected, the meeting will resume negotiations on the coordinated action in the oil market to stabilize prices, including a discussion of the possible freezing of the production level.
Earlier Tuesday, the UAE energy Minister Suhail al-mazrouei said that his country supported the freezing of the level of oil production, it will reduce production at present is not.
For its part, Iraq hopes to reach an agreement to stabilize the oil market, and believes such a scenario “possible”. This was today told reporters the Minister of oil that the Arab countries Jabar al-Laibi.
