• Contact Us
  • About Us
Sunday, May 17, 2026
  • 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

Mamman Sentencing Unmasks High-Level Graft Behind Nigeria’s Power Crisis, Puts Scrutiny On Top Civil Servants

Senate Confirms  New Power, Foreign Affairs Ministers As Nigerians Ask: Will  Power, Budget Implementation Be Confirmed Too?

Adelabu Denies Resigning As Nigeria’s Minister, Insists ‘Resolving power Supply Challenges My Priority For Now’

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

Mamman Sentencing Unmasks High-Level Graft Behind Nigeria’s Power Crisis, Puts Scrutiny On Top Civil Servants
Energy

Mamman Sentencing Unmasks High-Level Graft Behind Nigeria’s Power Crisis, Puts Scrutiny On Top Civil Servants

May 14, 2026
Senate Confirms  New Power, Foreign Affairs Ministers As Nigerians Ask: Will  Power, Budget Implementation Be Confirmed Too?
Energy

Senate Confirms  New Power, Foreign Affairs Ministers As Nigerians Ask: Will  Power, Budget Implementation Be Confirmed Too?

May 7, 2026
Nigerians Thrown Into Darkness As National Grid Collapses For Seventh  Time In 2024 |
Energy

Adelabu Denies Resigning As Nigeria’s Minister, Insists ‘Resolving power Supply Challenges My Priority For Now’

March 31, 2026
Tinubu Swears-In Ministers Amid Slow Growth, Insecurity, Low Morale, Among Other Concerns
Energy

As Elections Draw Closer, FG Sets New Date For Power Generation Improvement

March 27, 2026
Next Post
NNPC

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

Vietnam Ramps Up Crude Import From Nigeria, Others Amid Iran War

Oil Prices Climb More Than 3% On Fears Of New US-Iran Combat 

May 15, 2026
World Bank

World Bank Limits Instagram Comments Over Nigerians Negative Reactions To FG’s Latest Loan Plan

May 15, 2026
Amid Tight Monetary Policy Measures, Nigeria’s Inflation Rises To 21.82% 

Nigeria’s Inflation Rises To 15.69% As Costs Of Food, Transport, Others Increase 

May 15, 2026
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