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Qatar hopes OPEC members to overcome challenges

Oil&Gas Materials 5 September 2016 16:20 (UTC +04:00)
Qatar’s Prime Minister Sheikh Abdullah Bin Nasser Bin Khalifa Al-Thani and OPEC Secretary General Mohammad Sanusi Barkindo discussed global oil market situation.
Qatar hopes OPEC members to overcome challenges

Baku, Azerbaijan, Sept. 5

By Aygun Badalova - Trend:

Qatar’s Prime Minister Sheikh Abdullah Bin Nasser Bin Khalifa Al-Thani and OPEC Secretary General Mohammad Sanusi Barkindo discussed global oil market situation, the cartel reported September 5.

The meeting in Doha was also attended by Mohammed Bin Saleh Al-Sada, Qatar’s Minister of Energy and Industry and current OPEC Conference President.

The Qatari Prime Minister expressed confidence that Barkindo would work closely with OPEC member countries to overcome the current challenges in the interest of all oil producers and consumers.

“The Doha initiative in February and April this year has provided both OPEC and non-OPEC oil producers a platform upon which a credible framework can be further developed to restore oil market stability,” Barkindo said.

The informal OPEC meeting is expected in late September in Algeria. It is expected that the talks on oil production freeze will be held between OPEC and non-OPEC countries.

The meeting will be held at the fringe of the International Energy Forum in Algiers from 26-28 September. The forum will bring together ministers, CEOs, international organizations like OPEC and the IEA, experts from 73 countries.

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