ASTANA / Agencies
Commented Saudi energy minister, Khalid al-Faleh, the potential impact of the political and diplomatic crisis with Qatar on the "OPEC" agreement to reduce oil production.
He ruled out the Saudi energy minister, on Saturday, the influence of political and diplomatic crisis with Qatar on the agreement signed between the states of "OPEC" and outside on reducing production.
Faleh said during his stay in the Kazakh capital Astana told reporters when asked about the impact of the crisis with Qatar on the agreement signed between the states of "OPEC" and beyond: "I do not expect that the political and diplomatic issues affecting agreement with Qatar."
He described the Saudi energy minister of lower oil prices recently as an overreaction to the market on the statistical errors, he told reporters that he is convinced that the general trend of the market is to re - balance.
He met with the Minister of Energy Faleh , the Kazakh channel Bozzombayev, during the international exhibition "Astana Expo 2017", where he signed a memorandum of understanding between the ministries of the two countries.
The MoU was signed between the Saudi company "SABIC" and the "chemical industry complex" government Kazakhstani, in the presence of the two ministers to study the possibility of establishing projects for the production of polyethylene and polyethylene Brobolin and methanol in Kazakhstan.
The Saudi minister also congratulated his Kazakh counterpart successfully organizing the international exhibition "Astana Expo 2017 Energy