Russia’s Novak says Qatar remains committed to global oil deal

 10 Jul 2017 - 21:26

Russia’s Novak says Qatar remains committed to global oil deal
Russia's Energy Minister Alexander Novak attends the 22nd World Petroleum Congress, the largest meeting of oil and gas industry at Istanbul Convention Center in Istanbul, Turkey on July 10, 2017. ( ?slam Yakut - Anadolu Agency )

Reuters

ISTANBUL: Russian Energy Minister Alexander Novak said on Monday Qatar’s energy minister, Mohammed al-Sada, told him during a meeting on Monday that Qatar would fulfil its commitments as part of the global oil output cut deal between OPEC and non-OPEC members.

Speaking on the sidelines of an international energy forum in Istanbul, Novak also said that, as of June, OPEC and non-OPEC members have already reduced their oil production by around 1.75 million barrels per day as part of the deal. 

(Reporting by Olesya Astakhova; writing by Polina Devitt, editing by David Evans)