ECONOMY


Azerbaijan`s Minister of Energy to participate in OPEC meeting in Vienna

Baku, May 19, AZERTAC

Azerbaijan’s Energy Minister Natig Aliyev will participate in the 172nd meeting of the Council of Ministers of OPEC countries and non-cartel countries in Vienna.

The meeting participants will hear a report on an analysis of the impact of oil output cut deal on the international market, market trends and the pace of economic development.

In December 2016, OPEC and non-OPEC producers reached their first deal since 2001 to curtail oil output jointly and ease a global glut after more than two years of low prices.

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