Baku 25° C
Algeria suggests bringing forward OPEC+ meeting to June 4
Energy
- 31 May, 2020
- 07:22
OPEC President Algeria has proposed bringing forward the next meeting of the oil-producing group and its allies, known as OPEC+, to June 4 from an earlier plan to hold it on June 9-10, Report informs, citing Reuters.
Algeria’s energy minister, Mohamed Arkab, said in the letter that he had held discussions with “some ministers” about bringing forward the dates, which would help “facilitate nominations.”
The term “nominations” is used by OPEC’s de facto leader Saudi Arabia as well as Iraq and Kuwait to allocate crude to traditional buyers depending on demand. The nominations take place around the 10th of every month.
Author
Latest News
23:57
Video
Video on EC president's visit to Azerbaijan posted on President Ilham Aliyev's social media accounts
Foreign policy23:53
Photo
President Ilham Aliyev holds expanded meeting with President of European Commission
Foreign policy23:49
Photo
Video
President Ilham Aliyev and President of European Commission deliver press statements
Foreign policy23:45
Von der Leyen: Azerbaijan to integrate its energy system with EU
Foreign policy23:35
Ursula von der Leyen: EU to allocate €200M for connectivity projects in South Caucasus
Foreign policy23:27
Von der Leyen: EU to propose holding regional connectivity conference in Baku
Region23:18
Ilham Aliyev: Normalization process between Azerbaijan, Armenia progressing productively
Foreign policy23:05
President: Azerbaijan actively investing in transport infrastructure
Infrastructure22:48