Doha Talks Could Result in New Organization to Supervise Oil Freeze

  17 April 2016    Read: 1149
Doha Talks Could Result in New Organization to Supervise Oil Freeze
Supervisory committee on the implementation of the possible oil agreement could be established after negotiations in Doha, according to a source in one of delegations.
Participants of the upcoming meeting of the oil-producing countries in Doha, where the possibility to freeze the oil production would be discussed, may establish a supervisory committee on the implementation of the possible agreement, a source in one of delegations told RIA Novosti on Saturday.

On Sunday, the Qatari capital is scheduled to host talks of the Organization of the Petroleum Exporting Countries (OPEC) members with other oil producing states. The negotiations are aimed at securing a deal to freeze oil output to stabilize slumping global oil prices.

Earlier in the day, experts of oil-producing states concluded a meeting in Doha ahead of the Sunday ministerial talks.

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