Azerbaijani Energy Minister
The visit will take place at the invitation of Secretary General of the Organization of Petroleum Exporting Countries (OPEC) Mohammad Sanusi Barkindo, Report informs citing the
The Minister will attend the 15th meeting of the Joint Monitoring Committee of the Ministers of Oil and Gas Exporting Countries, which will be held on July 1-2, and the 6th meeting of the Ministers.
At the Vienna meeting of the OPEC plus ministers, the decision on the level of production for the second half of the year will be considered on the basis of the analysis of the global oil market.
At the 5th Meeting of member-states of the Organization of Petroleum Exporting Countries (OECD) and the ministers of non-OPEC states in Vienna on December 7, 2018, an agreement was reached to reduce the oil production to 1.2 million barrels a day. The implementation of the Declaration of Cooperation ends in the first half of 2019.