Log in
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Dynamic quotes 
News: Latest News
Latest NewsCompaniesMarketsEconomy & ForexCommoditiesInterest RatesBusiness LeadersFinance Pro.CalendarSectors

El Aissami: OPEC+ Cooperation has been a step forward to the world energy market balance

03/03/2021 | 05:57pm EDT

Caracas.- Mr. Tareck El Aissami, Sector vice-president to the Economic Area and People's Power Minister of Petroleum took part today in the 27th OPEC+ Joint Ministerial Monitoring Committee Meeting (JMMC), highlighting that cooperation among countries has allowed to make steps towards the desired world oil market balance.

Mr. El Aissami wrote on his Twitter account , @TareckPSUV, that 'today we meet at the 27th OPEC+ Joint Ministerial Monitoring Committee Meeting (JMMC), calling for the success of cooperation among countries, which has allowed to achieve the desired world energy market balance'.

Minister Tareck El Aissami pointed out that 'once difficulties of year 2020 overcome, which was characterized by COVID-19 pandemic, this month of March is showing clear signs of oil market recovery regarding consumption, supply and prices; these signs encourage us to continue keep on making progressive production adjustments', he wrote through another message.

The meeting is headed by His Royal Highness Prince Abdul Aziz BinSalmán Al Saud, JJMC President and Energy, Industries and Mineral Resources Minister from Saudi Arabia; His Excellence Mr. Alexander Novak, Prime vice-minister of Russia, and Mr. Mohammad Barkindo, OPEC Secretary General, who started the meeting.

OPEC countries participating in the videoconference meeting held from Vienna are: Saudi Arabia, Algeria, United Arab Emirates, Iraq, Kuwait, Nigeria and Venezuela; Kazakhstan and Russia are participating as Non-OPEC countries.


PDVSA - Petróleos de Venezuela SA published this content on 03 March 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 03 March 2021 22:56:09 UTC.

© Publicnow 2021
Latest news "Companies"
05:19aENI : Official Platinum Sponsor of the Italian Pavilion at Expo 2020 Dubai
05:19aTERNA ENERGY : Commencement of construction works for the conversion of the 115th Combat Wing in Souda into a "green" installation
05:17aThailand's Gulf Energy plans $5.4 billion bid for control of nation's biggest mobile operator
05:17aPrivate equity firm Siris tables $864.6 million bid for UK's Equiniti
05:17aRHEINMETALL  : and Northrop Grumman have formalized an agreement to cooperate in the field of precision-guided enhanced range artillery ammunition.
05:17aSATS ASA : Notice of annual general meeting 2021
05:13aThailand's Gulf Energy plans $5.4 bln bid for control of nation's biggest mobile operator
05:13aA TRENDSETTER WITH THE FOLDING VARIO-ROOF : 25 years ago, the Mercedes-Benz SLK aroused the interest of enthusiasts
05:13aBEZEQ ISRAEL TELECOMMUNICATION  : Immediate Supplementary Report – Supervision and financial sanction report
05:13aBARCO N  : Why would my ClickShare need a software update?
Latest news "Companies"