Moscow and Riyadh are discussing the conduct of the November meetings on the oil market

Moscow and Riyadh are discussing the conduct of the November meetings on the oil market


The head of the Ministry of energy Alexander Novak did not name concrete terms, the questions and possible projects for discussion.

MOSCOW, 14 Oct. The Ministry of energy is discussing the possibility of holding the November meetings with representatives of Saudi Arabia to discuss the situation on the global oil market, said energy Minister Alexander Novak.

“With Saudi Arabia will be (meeting — ed.) in November, with the Iranians also in November,” said Novak, answering the question about the timing of meetings.

“Consultations are underway”,- the Minister added. He didn’t call concrete terms, questions and possible projects for discussion.

Earlier on Wednesday, Novak reported that representatives of the Ministry of energy of the Russian Federation on 21 October will participate to the expert meeting of the Organization of countries-exporters of oil (OPEC).