The OPEC + Technical Committee suggested that the ministers consider delaying the growth of oil production by 3-6 months. - MASS MEDIA
02:41 19.11.2020 3594
On Tuesday, the ministers of the OPEC + monitoring committee will consider the prospects for the oil market and the possibility of postponing the planned increase in oil production by 2 million barrels per day from 2021 for 3-6 months, INTERFAX reports.
Experts of the OPEC + technical committee at a meeting on Monday suggested that ministers consider the possibility of not increasing oil production, as it is expected from January 2021, but postponing the increase by 3-6 months, Bloomberg writes, citing unnamed delegates.
Experts see risks for the oil market as the recovery is slower than expected.
The countries of OPEC and non-OPEC in April of this year decided on an unprecedented agreed reduction in oil production after a quarter of oil demand fell due to the COVID-19 pandemic.
The decision was taken immediately for two years, but with a gradual increase in production. So, if in May-June the reduction was supposed to be 9.7 million barrels per day to the level of October 2018 (while for Russia and Saudi Arabia separate reference bases were adopted - 11 million b / d), then from July it was assumed by 2 million b / d (this increase was postponed to August), and from January 2021 - by another 2 million b / d, keeping this level until May 2022.
Issues of expanding the Turkmen-Chinese partnership discussed in Beijing
Ambassador of Turkmenistan to China Parahat Durdyev met with the director of the International Educational College of Xi'an Petroleum University and the Silk Road Energy College Ms. Dong Hao in Beijing, Orient reports.
Ministry of Labor recommends introducing flexible working hours to prevent the spread of viruses
In connection with the current epidemiological situation in the world, in order to prevent seasonal viral infections, the Ministry of Labor and Social Protection of the Population of Turkmenistan recommended to all organizations of the country, regardless of their form of ownership, temporarily to switch to a flexible working hours of employees.
Through the Turkmen-Afghan checkpoint Serhetabat-Turgundi pass of goods will increase
The Turkmen delegation held a meeting on Tuesday with authorized representatives of the Afghan province of Herat. A separate topic of the talks was the issues of increasing the cargo passed through the Serhetabat-Turgundi checkpoint, as well as assistance in providing the necessary medical equipment, the website of the Foreign Ministry of Turkmenistan reports.
Gurbanguly Berdimuhamedov: The oil and gas industry is the main base for strengthening our economic independence of Turkmenistan
The country's oil and gas industry is the main base for strengthening our economic independence, improving people's living standards, creating powerful, diversified manufacturing industries. President Gurbanguly Berdimuhamedov said it, speaking on September 1 in the capital's Congress Center, where he held a general lesson on the occasion of the Day of Knowledge and Student Youth and the beginning of the new academic year.
The President of Turkmenistan ordered to send liquefied gas to Uzbekistan free of charge
Turkmenistan will send a batch of liquefied gas to Uzbekistan to support the neighboring country, which experiences a shortage of fuel resources in the winter.