opec invites iraq and uae to a meeting
Last Updated : GMT 09:39:56
Arab Today, arab today
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

 



Arab Today, arab today
Arab Today, arab today AnOther Magazine names fashion coordinator

GMT 10:28 2017 Thursday ,14 December

AnOther Magazine names fashion coordinator
Arab Today, arab today Lufthansa gives up on buying

GMT 06:56 2017 Friday ,15 December

Lufthansa gives up on buying
Arab Today, arab today 3 Ways to Find the Best Interior Design Ideas

GMT 09:49 2017 Tuesday ,12 December

3 Ways to Find the Best Interior Design Ideas
Arab Today, arab today Palestinians at UN push for resolution

GMT 04:03 2017 Friday ,15 December

Palestinians at UN push for resolution
Arab Today, arab today US faces moment of truth on 'net neutrality'

GMT 05:33 2017 Friday ,15 December

US faces moment of truth on 'net neutrality'
Arab Today, arab today Dubai’s first ever ‘Modest Fashion Week’ draws

GMT 11:26 2017 Tuesday ,12 December

Dubai’s first ever ‘Modest Fashion Week’ draws
Arab Today, arab today Snow grounds flights

GMT 04:04 2017 Thursday ,14 December

Snow grounds flights
Arab Today, arab today Why You Should Choose Oriental

GMT 10:36 2017 Wednesday ,29 November

Why You Should Choose Oriental
Arab Today, arab today Muslim leaders urge recognition of East Jerusalem

GMT 02:29 2017 Thursday ,14 December

Muslim leaders urge recognition of East Jerusalem
Arab Today, arab today Twitter makes 'tweetstorms' easier

GMT 04:29 2017 Thursday ,14 December

Twitter makes 'tweetstorms' easier

GMT 03:23 2017 Wednesday ,06 December

Cleric praises mosque school idea

GMT 08:32 2017 Thursday ,30 November

MP calls for withdrawing confidence

GMT 08:16 2017 Saturday ,02 December

MP warns of new drug spread in Egypt

GMT 06:56 2017 Friday ,01 December

Minister stresses refusal to Benkiran

GMT 12:20 2017 Tuesday ,05 December

Amara underlined role of construction

GMT 04:18 2017 Sunday ,26 November

Bella magazine appoints celebrity writer

GMT 15:24 2017 Thursday ,05 October

A.F.VANDEVORST appoints SPRING London

GMT 04:30 2017 Sunday ,22 October

Miista appoints IPR London

GMT 15:05 2017 Thursday ,05 October

Haddon PR handles Deskmate

GMT 07:31 2017 Tuesday ,05 December

Actress Menna Shalaby reveals her coming works

GMT 16:33 2014 Thursday ,13 November

Al-Ehtimam Bil Aakhareen

GMT 04:06 2017 Tuesday ,05 December

Kuwait prepares for hosting GCC Summit

GMT 16:08 2017 Tuesday ,24 October

Glamour fashion editor goes freelance

GMT 09:12 2017 Friday ,17 November

Gleam Futures represents Grace Beverley

GMT 03:34 2017 Sunday ,05 November

Needle & Thread relocates press office

GMT 06:00 2017 Sunday ,29 October

Childrenswear brand Once appoints Dyelog

GMT 05:14 2017 Thursday ,19 October

Blogger seeks male beauty boxes for Christmas Gift

GMT 15:12 2017 Saturday ,14 October

Christmas Gift Guide - My Girls On Tour

GMT 10:05 2017 Tuesday ,05 December

Bahrain's top Shiite cleric hospitalised

GMT 06:03 2014 Wednesday ,09 April

Please .. Let Gaza breathe!

GMT 05:29 2017 Wednesday ,27 September

SheerLuxe.com names fashion editor and marketing manager

GMT 03:54 2017 Tuesday ,05 December

15 killed in Morocco food aid stampede

GMT 13:56 2017 Friday ,01 December

Trump fuels Tillerson firing speculation
Arab Today, arab today
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
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday