Energy Minister Alexander Novak will visit Iran on October 21

Energy Minister Alexander Novak will visit Iran on October 21

In the Ministry of energy of the Russian Federation did not disclose the purpose of the trip of the Minister to Iran.

MOSCOW, 16 Oct. Energy Minister Alexander Novak will visit on October 21, Iran, according to the Ministry.

The purpose of the trip not disclosed. Earlier Novak reported that at the end of October — early November can pass meeting of the Russian-Iranian intergovernmental Commission and Russia has good chances to resume projects in Iran.

Meanwhile, Russian Ambassador to Tehran Levan dzhagaryan has said that Iran proposed to the Russian side in November to hold the next meeting of the Commission in Moscow. The Commission last met in September of last year in Tehran. The Ministry of energy planned to discuss with Iranian representatives the possibility of participation of Russian companies in projects in the oil and gas sector of the country.

Venezuela at the forthcoming Vienna meeting of experts OPEC members and countries outside the organization, plans to present on October 21, a new strategy for restoration of growth of the world prices for oil, which will help us to achieve growth in prices to 70 dollars per barrel, said before the Caracas’s Ambassador to the UN and former Minister of oil of the country Raphael Ramires to Reuters.

Earlier, OPEC Secretary General Abdullah al-Badri has proposed holding an expert meeting of member countries and States outside the cartel, October 21. The strategy of Venezuela, according to Ramirez, it will use the old mechanism of gradual reduction of production in order to retain control over prices. This plan should first return of oil quotations to the level of 70 dollars a barrel, and then increases to $ 100 per barrel.