Azerbaijan's Energy Minister to attend the online meeting of OPEC + ministers

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# 16:54
12 April 2020

OPEC and its allies will hold a virtual meeting on Sunday evening in a bid to end a standoff that has prevented the finalisation of a global oil supply cut pact, APA reports.

The conference will be held at 20.00 by Baku time.

Minister of Energy of Azerbaijan Parviz Shahbazov will take part in a meeting

 

OPEC, Russia and other allies, a group known as OPEC+, outlined plans on Thursday to cut output by more than a fifth in an effort to prop up prices hammered by the coronavirus crisis.

But Mexico balked at the production cuts it was asked to make, delaying signing a final deal.

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