Parviz Shahbazov to attend meeting of OPEC+ ministers

Parviz Shahbazov to attend meeting of OPEC+ ministers

Azerbaijan's Energy Minister Parviz Shahbazov will take part in the 10th meeting of the Joint OPEC+ Ministerial Monitoring Committee, which will be held on September 23 in Algeria, the Azerbaijani ministry said.

The information on the development trend of the oil market will be provided at the meeting, the presentation of the Joint Technical Committee on oil production in August will also be conducted.

In addition, the issue of redistribution of quotas in accordance with the decision taken on June 23 this year at the fourth meeting of the ministers of OPEC and OPEC+ countries regarding the total increase in oil production by one million barrels per day will be considered.

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