Min: Russia ready for meeting of OPEC, other countries in Feb
MOSCOW, Jan 28 (PRIME) -- Russia is ready to participate in a February meeting of OPEC with other oil producing countries, Energy Minister Alexander Novak told reporters Thursday.
“Now, OPEC countries are trying to convene a meeting with representatives of OPEC and non-OPEC states in February. Certain countries put this initiative forward. Other countries are now working this issue out. We have confirmed our possibility to take part in such meeting…We can meet anytime, we are just working out the date with other states,” he said.
“These consultations may be held to estimate the situation on the (oil) market, (discuss) low prices and possible options to coordinate production. We also held similar consultations earlier. But now the situation has somewhat changed, and prices fell lower, everyone is estimating how much time prices would take to rebound, so we think it is reasonable to discuss the situation.”
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