Date: 4 days ago   Category: Energy

The OPEC will be transformed to oil alliance — Rambler News Service


Photo: globallookpress.com/Omar Marques the Project of future cooperation of OPEC and the countries which are not entering into cartel assumes continuation of cooperation on the basis of alliance, the Reuters agency with reference to the document reports. In the project it is said that the OPEC countries during the meeting in Vienna will discuss on April 17-18 an issue of creation of "mechanism", but not "organizations", assuming creation of "Alliance of the manufacturing countries of oil". The purposes of alliance are called: creation of "the intergovernmental platform for promoting dialogue" and "further strengthening of cooperation in development of the policy directed to assistance of stability of the oil market". At the same time in the document there are no such concepts as "price of oil" and "production reduction". The draft document provides meetings at the level of ministers two times a year and regular meetings of technical experts. The Ministry of Energy of the Russian Federation refused comments.

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