Saudi Energy Minister to discuss oil output with Russia's Novak in Vienna

Saudi Energy Minister to discuss oil output with Russia's Novak in Vienna

Saudi Energy Minister Khalid Falih said on Thursday he plans to use an upcoming meeting with his Russian counterpart Alexander Novak in Vienna to discuss monitoring oil output cuts under the Organization of the Petroleum Exporting Countries (OPEC) and non-cartel producers' deal, as well as bilateral energy relations, Sputnik reports.

"We want to start with realistic expectations about how we monitor production and how we enforce compliance to the maximum extent possible, and how we learn from what is going on and get to a place where everybody is comfortable," Falih said.

The two ministers will also deal with bilateral Russian-Saudi ties in the energy sector, he added, noting that discussions on mutual investments and the potential work of Russian companies in Saudi Arabia will continue during the meeting.

8020 views
Поделиться:
Print: