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Energy ministers of Russia, Saudi Arabia to meet in Qatar this week - paper

November 16, 2016, 4:42 UTC+3 NEW YORK
The meeting is expected to be held on Friday
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NEW YORK, November 16. /TASS/. Russian Energy Minister Alexander Novak and his Saudi counterpart Khalid Al-Falih will meet on the sidelines of the Gas Exporting Countries Forum meeting (GECF) in Doha later this week, Wall Street Journal reported.

The meeting will most likely be held on Friday, the paper said on its website late Tuesday citing "people familiar with the plans" and Saudi officials.

The GECF ministerial meeting will be held on November 17. The Russian Energy Ministry earlier said that Novak will meet with his counterparts from Qatar and Bolivia during his visit to Doha on November 18.

He will also take part in informal consultations with representatives of the Organization of the Petroleum Exporting Countries (OPEC).

Gas Exporting Countries Forum (GECF) is an international non-government organization established in 2008 on the basis of an informal association of gas producing and exporting countries. The first summit of the organization was held in Doha, Qatar, in 2011, the second - in Moscow in 2013. GECF member countries control more than 70% of global gas reserves, 40% of gas pipelines and account for 65% of global trade in liquefied natural gas.

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