Qatar says 12 countries confirmed for oil cap meeting

The Associated Press

Qatar's oil minister says 12 countries have agreed so far to participate in a meeting it's hosting next month to discuss a freeze in oil output levels.

DOHA, Qatar (AP) — Qatar's oil minister says 12 countries have agreed so far to participate in a meeting it's hosting next month to discuss a freeze in oil output levels.

Qatar announced earlier this month it would be the venue for between OPEC and non-OPEC producers on April 17 to discuss the production cap. The talks are aimed at bolstering oil prices that have fallen from over $100 a barrel in 2014 to less than $40 a barrel at present.

Minister of Energy and Industry Mohammed Bin Saleh al-Sada said on Thursday that Qatar is still expecting official confirmation from producers that have verbally expressed plans to attend the meeting.

Those confirmed so far are Saudi Arabia, Russia, Kuwait, the United Arab Emirates, Venezuela, Nigeria, Algeria, Indonesia, Ecuador, Bahrain, Oman and Qatar.

Did You Like this Article? Get All the Energy Industry News Delivered to Your Inbox

Subscribe to an email newsletter today at no cost and receive the latest news and information.

 Subscribe Now

Whitepapers

The Time is Right for Optimum Reliability: Capital-Intensive Industries and Asset Performance Management

Imagine a plant that is no longer at risk of a random shutdown. Imagine not worrying about losing...

Going Digital: The New Normal in Oil & Gas

In this whitepaper you will learn how Keystone Engineering, ONGC, and Saipem are using software t...

Maximizing Operational Excellence

In a recent survey conducted by PennEnergy Research, 70% of surveyed energy industry professional...

Leveraging the Power of Information in the Energy Industry

Information Governance is about more than compliance. It’s about using your information to drive ...

Latest PennEnergy Jobs

PennEnergy Oil & Gas Jobs