Syrian military supported by the Russian aircraft repel IS attacks near PalmyraWorld December 11, 11:10
Five people die in fire in Tatarstan-emergencies ministrySociety & Culture December 11, 11:04
Turkey declares one day of national mourning over Istanbul terrorist attackWorld December 11, 7:10
Turkish authorities impose media ban on coverage of Istanbul explosionWorld December 11, 3:01
Erdogan says Istanbul terrorist attack causes fatalitiesWorld December 11, 2:52
Istanbul explosions leave 15 dead, 69 wounded — TV channelWorld December 11, 2:38
Three settlements in Syria join cessation of hostilities — Russia’s Defense MinistryWorld December 11, 2:34
TV: Islamic State re-enters ancient city of PalmyraWorld December 10, 21:20
Saudi minister says Russia led consultations process with OPECBusiness & Economy December 10, 20:41
ST. PETERSBURG, January 28. /TASS/. Russia has confirmed participation in the meeting of OPEC member-states and other oil producers for discussing low oil prices and coordination of a potential crude production cut due in February, Energy Minister Alexander Novak said on Thursday.
"Currently the OPEC member-states are trying to convene a meeting with participation of other OPEC (member-states) and non-(member-states) in February. Certain countries have come forward with this initiative, currently the issue is being worked out with the countries. On our part we’ve confirmed our potential participation in such a meeting," Novak said.
According to the minister, the date for the meeting has not been set yet. "The date does not depend on us. We can meet any time. The date is being agreed with other countries now," he added.
Similar meetings have been held earlier, Novak said, though now the situation has changed due to continuing plunge of prices. "Everyone estimates how long those prices will be recovering. We think it’s reasonable to discuss the situation," the minister said.
He added that the consultations concern issues "related to estimation of the situation on the market, low prices and possible options of production coordination."