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OPEC members to hold ‘informal’ Doha meeting

Secretary General of OPEC, Nigeria's Mohammed Barkindo (R), arrives for a press conference following an informal meeting between OPEC members in the Algerian capital Algiers on September 28, 2016 (AFP Photo/Ryad Kramdi)

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At least 11 OPEC members will meet in Doha on Friday for an “informal and consultative meeting,” Qatar’s energy minister Mohammed Saleh al-Sada has confirmed.

Speaking on Thursday after the conclusion of a meeting of major gas exporting countries in Doha, Sada said OPEC members would convene in the Qatari capital on Friday morning.

“We will have a meeting, it’s going to be an informal and consultative meeting,” he said.
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Sada said that 11 countries had agreed to attend, without naming them. OPEC has 14 member nations.

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The impromptu meeting is likely to focus on a deal to limit oil production.

Saudi Arabia, which may attend Friday’s meeting in Doha, has lobbied for a deal to limit oil production because of perceived global oversupply.

EFN Non Oil Export

OPEC countries reached a provisional deal on supply in Algeria back in September.

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