All news

Bilateral meetings with ministers of OPEC countries planned in Istanbul

MOSCOW, October 7. /TASS/. A range of bilateral meetings with ministers of OPEC nations is planned in Istanbul, Russia’s Energy Minister Alexander Novak said on Friday.

"Consultations with attending nations were planned to take place in Istanbul from the very beginning. We will hold a series of bilateral talks with ministers of OPEC countries to discuss joint action. This is one more important step to reach the production limiting arrangement," Novak told journalists.

The OPEC countries managed earlier to agree upon the oil production limit of 32.5-33 mln barrels daily at the informal meeting in Algeria on September 28.