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Russia interested in opinion exchange with oil producers amid market slump — FM

Russia has exchanged opinions with "colleagues both from among OPEC countries and states outside this organization"

ABU DHABI, February 2. /TASS/. Russia is interested in an exchange of opinions with oil producing countries, Russian Foreign Minister Sergey Lavrov said after negotiations with his UAE counterpart Abdullah Al Nahyan on Tuesday.

"We’re interested in securing a common understanding of what is taking place on world energy product markets and are interested in an exchange of opinions," the Russian foreign minister said.

"We have organized such interaction and we have exchanged opinions with colleagues both from among OPEC countries and states outside this organization," Lavrov said.

"There is common interest at the current stage that this interaction should continue precisely in this format," the minister said.

"We’re also open for other forms of cooperation, if there is general interest in holding a meeting between OPEC members and producer countries. We’ll naturally join such a process and will be ready to work in the formats and within the parameters, on which all the sides will agree," Lavrov said.

"We believe that the dialog and the monitoring of oil market developments meet the interests of all the sides," the Russian foreign minister said.