opec invites iraq and uae to a meeting
Last Updated : GMT 06:49:16
Arab Today, arab today
Arab Today, arab today
Last Updated : GMT 06:49:16
Arab Today, arab today

To follow oil production cut

OPEC invites Iraq and UAE to a meeting

Arab Today, arab today

Arab Today, arab today OPEC invites Iraq and UAE to a meeting

OPEC invites Iraq and UAE to a meeting in Vienna
Vienna - Arabs Today

The Secretariat of the Organization of the Petroleum Exporting Countries (OPEC) has extended invitations to four OPEC and non-OPEC countries to attend a technical meeting to be held in Vienna this month, to monitor the commitment to an agreement to reduce global oil production, well-informed sources told Asharq Al-Awsat newspaper.
The sources said that the invitation to attend the OPEC Technical Committee meeting on August 21 was sent to Iraq and the United Arab Emirates from OPEC, and to Kazakhstan and Malaysia from outside the Organization. Earlier this week, the four countries attended a two-day meeting in Abu Dhabi with representatives of the Technical Committee to discuss reasons behind their low rate of commitment to the agreement.
The Organization of the Petroleum Exporting Countries, Russia and other producers are cutting output by about 1.8 million barrels per day (bpd) until March 2018 to get rid of an excess and support prices. A panel comprising Russia, Kuwait and Saudi Arabia, plus officials from OPEC’s Vienna headquarters, met individually with officials from Iraq, the UAE, Kazakhstan and Malaysia.
“Discussions were conducted in a constructive atmosphere and proved fruitful,” OPEC said in a statement. Saudi Energy Minister Khaled al-Falih said on Wednesday he discussed efforts to stabilize oil markets with Iraqi Oil Minister Jabbar al-Luaibi during a meeting in Saudi Arabia.
In a statement, the Saudi Energy Ministry said that the meeting touched on several issues, including investment opportunities between the two countries. Photos posted by Al-Falih on Twitter showed that a number of vice presidents of Aramco attended the meeting.
Sources told Asharq Al-Awsat that some of the countries attending the Abu Dhabi meeting expressed dissatisfaction with the inaccuracy of the sources used by OPEC to measure the commitment to the production reduction agreement.
The sources added that representatives of Iraq and the UAE were alarmed by the figures provided by the secondary sources of the technical committee responsible for monitoring oil production, while the official figures show that the level of their commitment was in line with the agreement.
“The UAE, Iraq, Kazakhstan, and Malaysia all expressed their full support for the existing monitoring mechanism and their willingness to fully cooperate with the JTC and JMMC in the months ahead in order to achieve the goal of reaching full conformity,” OPEC said in its statement.

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

opec invites iraq and uae to a meeting opec invites iraq and uae to a meeting

 



Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

opec invites iraq and uae to a meeting opec invites iraq and uae to a meeting

 



GMT 08:23 2017 Monday ,03 April

Tesla tops quarterly sales forecast

GMT 20:11 2017 Saturday ,25 March

Former head of Egypt’s syndicate submits appeal

GMT 05:28 2017 Sunday ,26 November

Gas exporters call for 'fair price'

GMT 10:51 2018 Tuesday ,11 December

Cloudy weather with rain showers forecast Tuesday

GMT 20:00 2017 Monday ,25 September

Tourism minister leaves for France to attend Top Resa

GMT 22:07 2017 Tuesday ,02 May

UAE soldier martyred in Yemen

GMT 00:25 2017 Sunday ,10 September

Philippines Sees the Bloodiest

GMT 20:21 2017 Wednesday ,08 November

Ambassador Aizaz Chaudhry met members of Congress in US

GMT 09:31 2017 Monday ,16 October

Dalal Abdel Aziz happy for “Seventh Neighbor”

GMT 18:16 2017 Monday ,25 December

Sharjah Ruler issues Emiri Decree on SGMB functions

GMT 13:16 2017 Sunday ,15 October

Qatari sheikh says assets frozen over Gulf crisis

GMT 12:50 2017 Saturday ,11 November

ICC prosecutor calls for Afghanistan war crimes probe

GMT 13:28 2012 Friday ,17 February

NYT\'s Anthony Shadid dies in Syria

GMT 16:44 2017 Friday ,01 September

Al-Bashir to partake in OIC Summit in Kazakhstan
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©

arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday