– OPEC will revert to the question of the extension of the deal to reduce oil production between OPEC and non-OPEC in November or later.
“In November we are going to take regarding this issue, we will discuss all options, including rollover transactions,” – said the Minister of oil of Venezuela, Eulochio del Pino.
The head of the energy Ministry of Russia Alexander Novak, in turn, noted that, in his opinion, to discuss the issue until Jan.
“If you remember, we extended the deal for 9 months in may, nearly one and a half months before the commencement of the new arrangements. Today – seven months before the end of the transaction – it is impossible now to say whether we renew it or not. We can only assume that the option we have when needed we use it,” added Novak.