State, United in OPEC agreed to restrict production within the cartel to 32.5 million barrels per day (b/d), i.e. by 1.2 million b/d – was announced at a press conference after a summit of OPEC in Vienna, the representatives of the organization.
the Agreement comes into force from the beginning of 2017. and will be valid six months. OPEC intends to extend its duration for another 6 months.
the implementation of the agreement must control designated for that purpose by the Committee, whose members were Kuwait, Venezuela and Algeria.
niezrzeszone States of OPEC agreed to cut oil production by 600 thousand barrels a day that Russia 300 thousand b/d. Moscow will make a statement on the matter tonight.
9 December, the oil producers outside OPEC and the cartel members will be held further talks.
Iran as the only member of OPEC will increase their production in the first half by an average of 90 thousand b/d relative to the October production to the level of 3,797 million b/d.
Saudi Arabia will reduce production to 10,058 million b/d in 486 thousand. b/d.
Kuwait reserve production by 130 thousand b/d.
Iraq has agreed to reduce production by 209 thousand. b/d in January 2017. will produce 4,351 million b/d.
With the consent of the disabled will be Nigeria, he acts, and Indonesia, which during the summit has applied for suspension of membership in the cartel.
the Next OPEC summit is scheduled for may 25, 2017.
In September, the Organization of Countries-Exporters of Oil (OPEC) agreed in advance, during an informal meeting in Algeria, to reduce the daily limit mining to 32.5 million barrels. (PAP)
TASS/ asa/
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