• Contact Us
  • About Us
Sunday, December 14, 2025
  • Login
MetroBusinessNews
  • Home
  • Economy
  • Politics
  • News
  • Companies and Markets
  • Energy
  • Sports
  • Real Estate
No Result
View All Result
  • Home
  • Economy
  • Politics
  • News
  • Companies and Markets
  • Energy
  • Sports
  • Real Estate
No Result
View All Result
MetroBusinessNews
No Result
View All Result
ADVERTISEMENT
Home Energy

Some OPEC ministers likely to meet in Doha on Friday – Algerian source

metro by metro
November 16, 2016
in Energy
0
OPEC
0
SHARES
0
VIEWS

A number of energy ministers from OPEC oil-producing countries are likely to meet informally in Doha on Friday to try to build consensus over decisions taken by the full group in September in Algiers, an Algerian energy source said.

  At the September meeting, OPEC agreed on modest, preliminary, oil output cuts in the first such deal since 2008, with special conditions given to Libya, Nigeria and Iran, whose output has been hit by wars and sanctions.

Doha this week is hosting a meeting of the Gas Exporting Countries Forum (GECF). Industry sources said on Tuesday that the Saudi Arabian and Russian energy ministers might meet on the sidelines of the forum.

Read Also

Nigerians Groan As Nationwide Blackout Persists On Another National Grid Collapse

Amid Lingering Power Generation Crisis NMDPRA Begins Review Of Gas License Holders 

DisCos Accounted For 100% Power Sector Casualties Q1-NERC

The GECF unites 12 countries including Russia and OPEC members Algeria and Iran. Saudi Arabia is not a member but Energy Minister Khalid al-Falih was due to travel to Doha this week for meetings with peers.

The agreement made in Algiers is expected to be finalised at the next meeting of the Organization of the Petroleum Exporting Countries on Nov. 30 in Vienna, but disagreements persist among OPEC members and non-OPEC Russia on the details of the deal.

Iran, which remains one of the main stumbling blocks to a final deal, has refused to cap production below 4 million barrels per day as it seeks to regain market share lost under sanctions.

Russia has said it prefers to freeze output while OPEC wants Moscow to contribute to cuts.

 

Previous Post

Global terrorism deaths fall, but rise 650 percent in OECD countries -report

Next Post

NNPC set January 1 deadline to exit  $8.4bn JV obligations

Related Posts

Nigerians Thrown Into Darkness As National Grid Collapses For Seventh  Time In 2024 |
Energy

Nigerians Groan As Nationwide Blackout Persists On Another National Grid Collapse

September 11, 2025
Amid Lingering Power Generation Crisis NMDPRA Begins Review Of Gas License Holders 
Energy

Amid Lingering Power Generation Crisis NMDPRA Begins Review Of Gas License Holders 

July 17, 2025
NERC Threatens Tougher Sanctions Against DisCos Over Low Power Supply
Energy

DisCos Accounted For 100% Power Sector Casualties Q1-NERC

July 17, 2025
Senate
Energy

Senate Passes Electricity Act Ammendment Bill To Tackle Sector Collapse

July 9, 2025
Next Post
NNPC

NNPC set January 1 deadline to exit  $8.4bn JV obligations

Households Earning Less Than N250,000 Or Less Monthly Won’t Pay Tax-Oyedele

Banks To File Reports On Accounts With N25m Quarterly Turnover Under New Tax Law

December 13, 2025
Ahead Of Agreed Minimum Wage, President Tinubu To Send Bill To NASS, Takeaways From Anniversary Broadcast

FG Makes Tax ID Mandatory For Nigerians To Operate Bank Accounts From January 2026

December 12, 2025
NFF Apologises Over Super Eagles’ World Cup Miss

AFCON 2025: Chelle Names 28-man Super Eagles squad, Nigeria’s Group C Rivals Ahead Of Morocco Tournament 

December 12, 2025
MetroBusinessNews

© 2022 Metro Business News

Navigate Site

  • Contact Us
  • About Us

Follow Us

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • Economy
  • Politics
  • News
  • Companies and Markets
  • Energy
  • Sports
  • Real Estate

© 2022 Metro Business News

Go to mobile version