Translation. Region: Russian Federal
Source: Government of the Russian Federation – An important disclaimer is at the bottom of this article.
Deputy Prime Minister of Russia Alexander Novak met with OPEC Secretary General Haitham al-Gais at the St. Petersburg International Economic Forum.
“Russia highly values the effectiveness of interaction within OPEC. Thanks to regular and trusting working contacts, including with the OPEC Secretariat, it is possible to compare positions in advance, develop coordinated approaches, and make decisions at our ministerial meetings that take into account the interests of each OPEC member,” said Alexander Novak, opening the meeting.
In turn, the OPEC Secretary General highly appreciated the energy dialogue with Russia. He emphasized the importance of the partnership between the Russian Federation and OPEC at all levels and highly appreciated the leadership role that Russia plays within the framework of the Declaration of Cooperation as a co-chair of the OPEC and non-OPEC ministerial meetings.
The parties discussed the situation on the global oil market, including in connection with the escalation of the conflict in the Middle East, interaction between Russia and OPEC both in a bilateral format and within the framework of the OPEC deal.
Alexander Novak invited Haitham al-Gais to take part in the annual international forum “Russian Energy Week”, which will be held from October 15 to 17 in Moscow.
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