OPEC members were holding an emergency meeting after the Energy Forum in Algeria

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OPEC members were holding an emergency meeting after the Energy Forum in Algeria

Post  Admin on Wed Sep 21, 2016 8:52 am

History of edits:: 2016/9/20 14:09

{International: Euphrates News} said Algerian Energy Minister Noureddine Bouterfa Tuesday that members of the Organization of Petroleum Exporting Countries, OPEC countries {} may decide to hold an emergency meeting to discuss prices immediately after an informal meeting in Algiers next week.

Bouterfa said, in a statement, said he is optimistic that the participants would reach a consensus on how to stabilize the crude markets over the Algiers meeting, which will include producers inside OPEC and outside the organization from 26 to 28 September / September this.

The Algerian foreign minister, Ramtane Lamamra, called on Iraq to actively participate in the meeting of the World Energy Forum this the end of September, during a meeting with Foreign Minister Ibrahim al-Jaafari.

A spokesman for the Oil Ministry, Assem Jihad, said in the tenth of September of this, that "Iraq will attend the meetings of Algeria slated for the end of September / September, and will be represented by Minister of Oil Jabar Luaibi," adding that "Iraq with any decision reached by the producing countries will contribute to raise oil prices. "

The spokesman for the ministry to that "Iraq has a vision to be discussed with the OPEC countries to support oil prices, and would abide by any decision is in favor of higher prices," noting that "there are conflicting views of the oil-producing countries of OPEC, of ​​which seeks to reduce production and some others see the need to increase production, ".anthy



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