Last quote by Mohammed Barkindo
Mohammed Barkindo quotes
We as OPEC we remain committed to the Algiers accord that we... put together. All OPEC 14 we remain committed to the implementation.
Russia is on board.. I will not disclose details.
Our deliberations today, and tomorrow with some non-OPEC producers, could very well have fundamental ramifications for the market, as well as for the medium to long term of the industry.
I am optimistic we will have a decision.
We are confident that the other non-OPEC producers will join this (agreement) because it is in the benefit of all producers ... and also consumers.
It's not an issue of price at the moment. Until we get the market to rebalance we will not be able to achieve a fair price.
Consultations remain ongoing among the OPEC-14, the High Level Committee initiated by the OPEC conference is moving forward on the implementation of the Algiers decision. Steps are being taken to further develop a framework for high-level consultations between OPEC and non-OPEC oil-producing countries. We believe there is firm and common ground for continuous collaborative efforts among producers, both within and outside OPEC.
The informal gathering was proposed as a move to having an extraordinary meeting with the aim of taking decisions to stabilize the market.
We met in June, it is September now and a lot of things happened between the two dates.
Nothing is impossible in the current situation.