Baku 30° C
OPEC seeks long-term cooperation with Russia
Energy
- 28 March, 2018
- 11:37
Baku. 28 March. REPORT.AZ/ OPEC is seeking “very long-term” cooperation with other crude exporters including Russia.
Report informs citing the Reuters, Saudi Crown Prince Mohammed bin Salman said on Wednesday.
Russia, the world’s biggest oil producer, has worked with the 14-member Organization of the Petroleum Exporting Countries in previous oil gluts to rein in supplies and push up prices, but a 10 to 20-year deal between the two would be unprecedented.
According to Saudi Crown Prince, there is such an agreement, but its details have not yet been worked out.
Author
Latest News
11:37
Photo
The House-Museum of People"s Artist Tahir Salahov to be renovated with the support of Baku Steel Company
Business11:27
Record number of participants to join U-17 World Wrestling Championships in Baku
Individual sports11:27
Trump shares Breitbart article highlighting Azerbaijani president's remarks
Foreign policy11:17
Hummatov: Azerbaijan first in CIS to launch Single Window for foreign trade
Infrastructure11:09
S. Korean president's approval rating drops to 55%
Other countries11:01
Azerbaijan to integrate Single Window system with Middle Corridor partner countries
Infrastructure10:59
Fariz Aliyev: Single Window to simplify import-export procedures
Infrastructure10:51
Baku to host open rowing and canoeing championship
Individual sports10:51