OPEC+ countries discussed the situation on the oil market at technical meeting

20:23 18.06.2021 4044

https://oilgas.gov.tm/storage/posts/2403/original-160cc380128c8a.jpeg

 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.

Other articles
160e2952cb8529.jpeg
Turkmenistan is negotiating with foreign investors in the fuel and energy sector

Turkmenistan is negotiating with large foreign companies to attract investment in gas chemical projects that are significant for the country. This was announced by the Vice-Chairman of the Cabinet of Ministers Shakhym Abdrakhmanov at a government meeting held last Friday.


1653a4b701250d.jpg
The official visit of the President of Turkmenistan to Turkey has begun

President of Turkmenistan Serdar Berdimuhamedov departed on Wednesday for an official visit to the Republic of Turkey, TDH reports.


160e294839e4ff.jpeg
Foreign Ministers of Turkmenistan, Azerbaijan and Turkey discussed the meeting of the presidents of the three countries

Minister of Foreign Affairs of Turkmenistan Rashid Meredov and his Azerbaijani counterpart Jeyhun Bayramov discussed by phone on Saturday the implementation of the agreements reached at the highest political level. The diplomats noted the importance of the upcoming trilateral meeting of the Presidents of Turkmenistan, Azerbaijan and Turkey this year, the website of the foreign ministry of our country reports.


16292484d15cca.jpeg
Competition on cybersecurity was held at the Balkanabat Oil Secondary Vocational School of the State Concern «Turkmennebit»

In accordance with the «Action Plan for the implementation of the State Cybersecurity Program of Turkmenistan for 2022-2025», a cybersecurity competition was held at the Balkanabat Oil Secondary Vocational School of the State Concern «Turkmennebit».


1629069ffc31a2.jpeg
Investments in the fuel and energy complex of the Dashoguz region are planned as part of the integrated development

Issues of socio-economic development of the northern region of our country were discussed on Thursday at an off-site meeting of the Cabinet of Ministers, which was held by President Serdar Berdimuhamedov, who arrived on Thursday with a holiday trip to Dashoguz region.