Russia's Novak sees agreement being reached at OPEC talks

FILE PHOTO: Russian Energy Minister Alexander Novak attends a session of the St. Petersburg International Economic Forum (SPIEF), Russia, June 6, 2019. REUTERS/Maxim Shemetov - Copyright Maxim Shemetov(Reuters)

By Reuters

Published on 27/06/2019 - 11:34•Updated 25/04/2024 - 17:10

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MOSCOW (Reuters) - Russian Energy Minister Alexander Novak said on Thursday he believed OPEC and its allies would reach an agreement when they discuss their global oil output deal at a meeting in Vienna.

Russia's Energy Ministry is still in talks with Russian oil companies about the output deal, Novak said, adding he planned to meet Saudi Energy Minister Khalid al-Falih at a G20 summit in Japan later this week.

"I think we will definitely agree, there will be a consolidated general decision," he told reporters when asked if he expected difficult talks at the Vienna meeting.

(Reporting by Anastasia Lyrchikova, Maria Kiselyova; writing by Tom Balmforth; editing by Deepa Babington)

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