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[size=36]Minister of Oil: Producers of oil in one vehicle and they must decide the correct course[/size]
Economy | 03:52 - 05/04/2020
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Baghdad - Mawazine News
, Oil Minister Thamer Al-Ghadban stressed, on Sunday, the importance of holding the ministerial meeting of the Organization of Petroleum Exporting Countries "OPEC" and the producers allied with it from outside, while he indicated that oil producers are in one compound.
"The Deputy Prime Minister for Energy Affairs and Oil Minister Thamer Al-Ghadban expressed optimism about reaching a new agreement, after consultations he held over the phone with a number of OPEC + ministers," Ministry spokesman Asim Jihad said in a statement received by Mawazine News. He described the general atmosphere before the meeting as "positive."
He added, "The Oil Minister stressed that the new agreement is an important step in the right direction, but he needs support from major producers outside of" OPEC + "such as the United States, Canada, Norway, and others, and that the critical situation of oil markets during the current period puts producers before a joint responsibility toward What is happening, because everyone was affected and suffered great losses, in addition to the damage that this situation has caused to their economies in particular and the global economy in general, and that the impact of the spread of the Corona virus epidemic has complicated the matter after the decline in global demand for oil. Jihad quoted the Oil Minister as saying, "The Producers are either "op." K + "or from outside it in one compound, and that everyone should bear the responsibility in leading it to the shore of stability through a new reduction agreement, and resolving the decision to define the right path to achieve the common goals," adding that "this requires more sacrifice and mutual solidarity, and not This is limited to "
And on the reasons for postponing the ministerial meeting of "OPEC +" from Monday to next Thursday, the ministry spokesman said, "This came in order to prepare and prepare well for the success of the meeting, and to give side consultations and understandings more time because the new agreement differs from previous agreements due to different circumstances and results." Stressing "the necessity of looking at the imam and overcoming previous problems and disputes that do not distract them from the main goal of finding a realistic solution to the current oil market crisis." Ended 29 / h
, Oil Minister Thamer Al-Ghadban stressed, on Sunday, the importance of holding the ministerial meeting of the Organization of Petroleum Exporting Countries "OPEC" and the producers allied with it from outside, while he indicated that oil producers are in one compound.
"The Deputy Prime Minister for Energy Affairs and Oil Minister Thamer Al-Ghadban expressed optimism about reaching a new agreement, after consultations he held over the phone with a number of OPEC + ministers," Ministry spokesman Asim Jihad said in a statement received by Mawazine News. He described the general atmosphere before the meeting as "positive."
He added, "The Oil Minister stressed that the new agreement is an important step in the right direction, but he needs support from major producers outside of" OPEC + "such as the United States, Canada, Norway, and others, and that the critical situation of oil markets during the current period puts producers before a joint responsibility toward What is happening, because everyone was affected and suffered great losses, in addition to the damage that this situation has caused to their economies in particular and the global economy in general, and that the impact of the spread of the Corona virus epidemic has complicated the matter after the decline in global demand for oil. Jihad quoted the Oil Minister as saying, "The Producers are either "op." K + "or from outside it in one compound, and that everyone should bear the responsibility in leading it to the shore of stability through a new reduction agreement, and resolving the decision to define the right path to achieve the common goals," adding that "this requires more sacrifice and mutual solidarity, and not This is limited to "
And on the reasons for postponing the ministerial meeting of "OPEC +" from Monday to next Thursday, the ministry spokesman said, "This came in order to prepare and prepare well for the success of the meeting, and to give side consultations and understandings more time because the new agreement differs from previous agreements due to different circumstances and results." Stressing "the necessity of looking at the imam and overcoming previous problems and disputes that do not distract them from the main goal of finding a realistic solution to the current oil market crisis." Ended 29 / h
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