OPEC+ countries discussed the situation on the oil market at technical meeting
15:23 18.06.2021 5976
OPEC+ countries discussed the situation on the oil market during a technical meeting held on Thursday via videoconference, OPEC said in a statement.
«Today's meeting was devoted to assessing the supply and demand of oil, the market balance, the situation in the oil market in connection with COVID-19, as well as the impact of the decisions of the OPEC+ deal on restoring balance and stability in the world oil market,» the OPEC said.
OPEC Secretary General Mohammed Barkindo, quoted in the message, said the technical meeting provided OPEC + countries involved in the oil deal with an opportunity to discuss technical issues and share information on the challenges facing the global oil market, Interfax reported.
«I would like to urge all countries participating in the OPEC + deal to maintain the positive dynamics (of deal execution – IF), which exists today, and to ensure full and timely compliance with our joint decisions,» Barkindo said.
“Through our responsible and effective joint contribution, we have given the industry a lifeline when it needed it most,” he stressed.
The OPEC+ technical meeting is held twice a year to discuss developments in the oil market and exchange views on various technical issues related to the energy sector.
The technical meeting on Thursday was convened ahead of the meeting of the Joint Technical Committee (JTC) and Joint Ministerial Monitoring Committee (JMMC) scheduled for June 29 and 30, respectively, and the OPEC+ ministerial meeting on July 1.
Raisi: Iran is ready to continue sending Turkmen gas in a swap to Azerbaijan
Iran is ready to continue sending Turkmen gas to Azerbaijan through its territory. Iranian President Ebrahim Raisi stated this on Wednesday at a meeting with President of Turkmenistan Serdar Berdimuhamedov, the Iranian news agency IRNA reported.
President of Turkmenistan holds meeting with Petronas management
President of Turkmenistan Serdar Berdimuhamedov visited the headquarters of Petronas, the country's largest oil and gas company, during his official visit to Malaysia on December 18-19. During the meeting, the head of Turkmenistan discussed with the company's management priority areas of bilateral cooperation, the current state and prospects of partnership between Turkmenistan and Petronas in the energy sector, TDH reports.
Turkmenistan and Malaysia intend to deepen cooperation in the energy sector
Following the official visit of the President of Turkmenistan Serdar Berdimuhamedov to Malaysia on December 18-19 and talks with Prime Minister Anwar Ibrahim, a Joint Statement and a package of documents were signed, TDH reports.
Turkmen-American Business Forum Discusses Promising Areas of Mutually Beneficial Partnership
On December 16, the Turkmen-American Business Forum was held in the building of the Chamber of Commerce and Industry of Turkmenistan, during which issues of bilateral cooperation were discussed, and plans for the near future were outlined.
Turkmen-Vietnamese business forum aims to realize the potential of bilateral cooperation
On June 29, the capital of Vietnam hosted a Turkmen-Vietnamese business forum aimed at developing new solutions and approaches to realizing the potential of bilateral cooperation and building up trade and economic relations between Turkmenistan and Vietnam. This is reported by the website of the Foreign Ministry of Turkmenistan.