• $ 1.7
  • € 2.0018
  • ₽ 0.021637
  • ₺ 0.0397
  • £ 2.293

OPEC invites Azerbaijan to Vienna meeting

OPEC invites Azerbaijan to Vienna meeting
25.10.2016 13:01
Azerbaijan has received an official invitation to the OPEC High Level Committee Meeting on the implementation of Algerian agreements, to be held in Vienna in late October, head of the press service of Azerbaijan’s Energy Ministry Zamina Aliyeva told Trend Oct. 24.

She said Azerbaijan intends to accept the invitation and participate in the meeting.

"The invitation came today, on Oct. 24, and it will be a meeting of the relevant ministers of OPEC and non-OPEC countries,” Aliyeva said. "The meeting will be held in Vienna October 28-31. If nothing unforeseen happens, Azerbaijani Energy Minister Natig Aliyev will leave for Vienna.”

OPEC agreed to limit oil production in the range of 32.5-33 million barrels of oil per day at an informal meeting in Algeria on September 28. However, there is no agreement on specific limits for each of the OPEC member-state.

A final decision must be made at the OPEC official meeting in Vienna on November 30.

The organization expects a number of other oil-producing countries, especially Russia, to join the measures to stabilize the market.

www.ann.az
Similar news
Similar news
Russia looks to ship fertilisers to Armenia via Azerbaijan
Business 17:30
Russia looks to ship fertilisers to Armenia via Azerbaijan
Azerbaijani gasoline goes on sale in Armenia at discounted rates
Business 17:00
Azerbaijani gasoline goes on sale in Armenia at discounted rates
Azerbaijan’s insurance market grows nearly 12% in January–November
Business 16:30
Azerbaijan’s insurance market grows nearly 12% in January–November
Azerbaijan's Agriculture Minister reschedules public meeting in Sabirabad
Business 15:30
Azerbaijan's Agriculture Minister reschedules public meeting in Sabirabad
Convenient solutions in the Yelo App for your holiday travels
Business 15:29
Convenient solutions in the Yelo App for your holiday travels
Gold and silver prices rise again
Business 13:00
Gold and silver prices rise again
Azeri Light crude rises to $66.14 per barrel
Business 11:00
Azeri Light crude rises to $66.14 per barrel
Azerbaijan central bank exchange rates for Dec. 24
Business 10:30
Azerbaijan central bank exchange rates for Dec. 24
Palladium tops $2,000 an ounce for first time in three years
Business 09:30
Palladium tops $2,000 an ounce for first time in three years
Anews TV

Our official Youtube channel

Subscribe