Lavrov warns against partition of SyriaRussian Politics & Diplomacy September 23, 0:00
Lavrov calls to coordinate Russian, US military action in SyriaRussian Politics & Diplomacy September 22, 21:05
Lavrov blames Obama administration for souring Russia-US tiesRussian Politics & Diplomacy September 22, 20:41
Waging war on Korean Peninsula inadmissible, says LavrovRussian Politics & Diplomacy September 22, 20:36
Russian Northern Fleet completes drills in ArcticMilitary & Defense September 22, 18:01
OPEC and non-OPEC countries to continue talks on oil production cut dealBusiness & Economy September 22, 17:28
Russian pair figure skaters Kavaguti, Smirnov retire from sportSport September 22, 16:48
Record number of delegations register for St. Petersburg-hosted IPU AssemblyRussian Politics & Diplomacy September 22, 16:47
Astronauts to make quickest trip ever to ISS in DecemberScience & Space September 22, 16:27
SOCHI, February 11. /TASS/. A meeting of the OPEC countries and non-cartel countries, parties to the production cut agreement, is due in Kuwait on March 22-23, Russia's Minister of Energy Alexander Novak told reporters on Saturday.
"The meeting will take place on March 22-23, a meeting of the technical council at the expert level will be in Vienna on February 21-22, the meeting of ministers - in Kuwait," he said.
A ministerial control committee was set up at the Organization of the Petroleum Exporting Countries (OPEC) to monitor implementation of the agreements on crude production cuts sealed by OPEC and non-OPEC countries. The committee brings together five ministers: three are from OPEC countries (Algeria, Kuwait and Venezuela) and two are from non-OPEC countries (Russia and Oman).
On 10 December 2016, OPEC and non-OPEC countries signed an agreement on joint reduction of oil output at a meeting in Vienna. Moreover, 11 countries will join the announced cut by OPEC members of 1.164 mln barrels per day in the first half of 2017, and reduce crude production by another 558,000 barrels per day. Thus, the total crude production cut will amount to 1.7-1.8 mln barrels per day. Russia plans to cut its oil production by 300,000 barrels per day in the first half of the current year.