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Russian energy ministry: talks of oil-producing countries will resume on 3 pm

April 17, 15:01 UTC+3
"Representatives of all oil-producing countries who are now in Doha, will participate," the spokesman said
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© AP Photo/Hasan Jamali

DOHA, April 17. /TASS/. Talks of oil-producing countries will resume on 3 pm with all nations participating, Russian Energy Ministry’s spokesman told TASS.

"Representatives of all oil-producing countries who are now in Doha, will participate," the spokesman said.

The heads of at least six delegations are back to Sheraton hotel for talks over oil production freeze, according to TASS correspondent. Heads of delegations of Saudi Arabia, Qatar, Kuwait, Kazakhstan, Oman and Indonesia are among those who are back for talks after the meeting with the Emir of Qatar.

Initially the meeting was scheduled for 8.30. Oil producers, both members and non-members of OPEC, have come to Doha for talks aimed at stabilizing oil prices and "freezing" the production at January 2016 level. No representatives of Iran have come to the meeting. The country "will not give up its historic production quota," the country’s Minister of Oil Bijan Namdar Zangeneh said in a statement. "The Doha meeting is meant for the parties planning to participate in the crude production freeze plan whereas our participation in the meeting is not obligatory as Iran will not sign a plan like this," he said.

The draft agreement to be discussed by those attending the meeting, suggested "freezing" the production at January level through to October, 2016. However, Saudi Arabia requested to make "last-minute changes" in the draft agreement before the talks started.

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