Putin orders Defense Ministry and FSB to ensure protection of Russia’s interests in ArcticRussian Politics & Diplomacy March 29, 21:46
Kiev aware of few chances to win in debt lawsuit case — envoyBusiness & Economy March 29, 20:52
Russian top diplomat dismisses claims about human rights violations in Crimea as liesRussian Politics & Diplomacy March 29, 20:23
Moscow suspects Jabhat al-Nusra could be used to topple AssadRussian Politics & Diplomacy March 29, 19:58
Lavrov reiterates there are no facts substantiating Iran’s links to terroristsRussian Politics & Diplomacy March 29, 19:40
Russia to upgrade helicopter protection system based on Syrian experienceMilitary & Defense March 29, 19:00
Lavrov says Ukrainian president wants to bury Minsk agreementsRussian Politics & Diplomacy March 29, 18:57
FIDE executive says Ilyumzhinov himself to blame over media buzz on his resignationSport March 29, 18:46
Russian top diplomat says Moscow ready to develop relations with WashingtonRussian Politics & Diplomacy March 29, 18:37
DOHA, April 17. /TASS/. OPEC should move to the principle of majority vote when making decisions, Nigeria’s oil minister Emmanuel Ibe Kachiwku told TASS after talks with other producer-countries in Doha.
"The next futuristic OPEC will be much more regulated, much more disciplined, it should be based on majority vote as opposed to unanimity," he said.
He added that the current unanimous approach "in some sense is good because nobody feels left out" during decision-making. "Everything we’ve done so far is based on unanimous decisions and that has sometimes been a problem, so just counting the majority was still not enough to find decisions," Kachiwku said.
Oil-producing countries from OPEC as well as non-OPEC members, met in Doha (Qatar) to discuss the stabilization of oil prices, although the countries failed to conclude the agreement.
Earlier, Azerbaijan's Energy Minister Natiq Aliyev said in an exclusive interview with TASS that draft agreement of the oil producer countries suggested "freezing" the production at January level through to October, 2016.