An informed source in the Organization of Petroleum Exporting Countries [OPEC] Thursday that the General Secretariat of the Organization has already sent invitations to all OPEC oil ministers and their counterparts from abroad to attend a joint meeting next Saturday.
The source said that "21 producing countries from outside the organization declared its readiness to join the work of the Joint Ministerial Meeting , which includes countries members of OPEC producers and others from outside the organization.
On the names of the countries that will participate in the Vienna ministerial meeting of non - OPEC source revealed the names of some countries that will participate in the ministerial meeting, including Russia and Colombia, Congo, Egypt, Kazakhstan, Mexico, Oman and Trinidad Tobago, Turkmenistan, Uzbekistan, Bolivia, Azerbaijan, Bahrain.
He announced , Iraqi oil Minister Jabbar Ali Allaibi Iraq 's participation in Saturday 's meeting, and stressed that the commitment of all oil - producing countries from inside and outside the organization cut decision It will be an important and influential factor in the stability of the oil market to achieve common goals. "
And about the issues on the meeting , the source said , notably addresses the quantification of an output cut that will stick by countries outside the Organization 's solidarity with OPEC countries , which have declared their commitment to withdraw 1.2 million barrels of the world market , noting at the same time that the meeting between the Russian oil minister , directors of oil companies operating in his country is a good indicator about the readiness of Moscow to cut output.
Many observers do not rule out the oil market to announce Russia during the upcoming Vienna meeting its willingness to reduce output of more than the amount promised by the former and the estimated time by 300,000 barrels a day, because of Moscow 's great keenness on the stability of the world oil market and return prices to levels acceptable for producers and consumers alike.
On the paradigm shift that occurred in the performance of the OPEC secretariat since the arrival of the new secretary general of the Organization Mohammad Barkindo source linked to the conclusion of his statement this transformation , among other reasons , notably the tour made by the secretary - general of the Organization states the broad support he received from those leaders who have confirmed their keenness to achieve balance and stability in the oil market and OPEC support the new strategy.
International media and especially concerned in the oil is still awaiting the official organization 's announcement of the ministerial meeting expected and the names of participating countries from inside and outside the organization details as well as determine the registration deadline for the various means of media , which is expected to be attendance record because of the great importance of this meeting in terms of its impact on the the global oil market and price levels.
SOURCE
The source said that "21 producing countries from outside the organization declared its readiness to join the work of the Joint Ministerial Meeting , which includes countries members of OPEC producers and others from outside the organization.
On the names of the countries that will participate in the Vienna ministerial meeting of non - OPEC source revealed the names of some countries that will participate in the ministerial meeting, including Russia and Colombia, Congo, Egypt, Kazakhstan, Mexico, Oman and Trinidad Tobago, Turkmenistan, Uzbekistan, Bolivia, Azerbaijan, Bahrain.
He announced , Iraqi oil Minister Jabbar Ali Allaibi Iraq 's participation in Saturday 's meeting, and stressed that the commitment of all oil - producing countries from inside and outside the organization cut decision It will be an important and influential factor in the stability of the oil market to achieve common goals. "
And about the issues on the meeting , the source said , notably addresses the quantification of an output cut that will stick by countries outside the Organization 's solidarity with OPEC countries , which have declared their commitment to withdraw 1.2 million barrels of the world market , noting at the same time that the meeting between the Russian oil minister , directors of oil companies operating in his country is a good indicator about the readiness of Moscow to cut output.
Many observers do not rule out the oil market to announce Russia during the upcoming Vienna meeting its willingness to reduce output of more than the amount promised by the former and the estimated time by 300,000 barrels a day, because of Moscow 's great keenness on the stability of the world oil market and return prices to levels acceptable for producers and consumers alike.
On the paradigm shift that occurred in the performance of the OPEC secretariat since the arrival of the new secretary general of the Organization Mohammad Barkindo source linked to the conclusion of his statement this transformation , among other reasons , notably the tour made by the secretary - general of the Organization states the broad support he received from those leaders who have confirmed their keenness to achieve balance and stability in the oil market and OPEC support the new strategy.
International media and especially concerned in the oil is still awaiting the official organization 's announcement of the ministerial meeting expected and the names of participating countries from inside and outside the organization details as well as determine the registration deadline for the various means of media , which is expected to be attendance record because of the great importance of this meeting in terms of its impact on the the global oil market and price levels.
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