UAE minister says unanimous OPEC output quotas decision required - News Archive - PRIME Business News Agency - All News Politics Economy Business Wire Financial Wire Oil Gas Chemical Industry Power Industry Metals Mining Pulp Paper Agro Commodities Transport Automobile Construction Real Estate Telecommunications Engineering Hi-Tech Consumer Goods Retail Calendar Our Features Interviews Opinions Press Releases

UAE minister says unanimous OPEC output quotas decision required

VIENNA, Jun 22 (PRIME) -- A decision to adjust output quotas under the OPEC+ oil production cut deal must be approved by all OPEC states, UAE Energy Minister Suhail Al-Mazrouei told reporters on Friday.

УAll OPECТs decisions are always made unanimously. We will not change it,Ф he said.

He also expressed confidence that a decision acceptable for all the participants will be found.

On Thursday, RussiaТs Energy Minister Alexander Novak said that a ministerial committee to monitor implementation of the agreement had recommended raising output under the deal by 1 million barrels per day.

Saudi Arabia Energy Minister Khalid Al-Falih said that the recommendation was only nominal, and the real increase would be different.


22.06.2018 12:55
Share |
To report an error select text and press Ctrl+Enter
Central Bank Official Rate
1W 1M 1Y
EUR 76.0926 +0.2850 13 nov
USD 67.5238 +0.6741 13 nov
Stock Market Indices
1D 1W 1M 1Y
rtsi 1114.75 -0.59 18:50 12 nov
micex 2393.81 -0.40 18:50 12 nov
Stock Quotes in RUR
1D 1W 1M 1Y
gazp 150.89 -1.50 18:49 12 nov
lkoh 5129.00 +0.68 18:49 12 nov
rosn 463.50 -1.09 18:49 12 nov
sber 196.82 +0.55 18:49 12 nov
MICEX Ruble Trading
1D 1W 1M 1Y
EURTD 76.2550 -0.1300 14:59 12 nov
USDTD 67.4300 +1.0275 17:44 09 nov