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04:55 21-11-2017
АКИpress CA-News Tazabek Turmush
Azerbaijan says it backs OPEC deal extension
Central Asia | business | 15:44, 20 October 2017 | 1084

AKIPRESS.COM - Azerbaijan will support the extension of the OPEC+ agreement, if the decision is made, Azerbaijani Energy Minister Parviz Shahbazov said Friday, Azer news reports.

“Azerbaijan always takes the fulfillment of undertaken international obligations extremely seriously. The OPEC+ deal is no exception. The stability of the oil market is in the interests of our country. This is why we joined this initiative,” he told reporters in Baku.

“Time has shown that the Vienna agreement paid off. This is a great achievement.”

Shahbazov noted that the next OPEC meeting at the ministerial level will be held in November 2017.

“If we receive an invitation, we will certainly coordinate our participation with the country's leadership and consider the invitation,” Shahbazov added.

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