OPEC, Angola open talks on oil prices

The visiting delegation of the Organization of Petroleum Exporting Countries (OPEC) opened talks with the Angolan delegation here on Monday to discuss matters related to oil prices and other issues of common interest.

OPEC, Angola open talks on oil prices
The visiting delegation of the Organization of Petroleum Exporting Countries (OPEC) opened talks with the Angolan delegation here on Monday to discuss matters related to oil prices and other issues of common interest.

The talks between Angola and the OPEC delegation led by OPEC General Secretary Abdalla Salem El-Hadri from Libya will focused on the report of production monitoring, the requirements of a monthly production report, the questionnaire and 2006 annual statistics bulletin and the plans related to OPEC medium-term production capacity and perspectives.

The two sides will also analyze matters on the development on oil market, the system of getting data on Angola, joint initiative on oil data, its utility for dialogues between producers and consumers at medium and long terms.

During their four-day stay in Angola, members of the OPEC delegation who arrived in Angola last Saturday at the invitation of Angolan Oil Minister Desiderio Costa will also visit Angola's state-run oil firm Sonangol Research and Production Branch and the Sonils, a firm that supports and provides infrastructure for oil activities, as well as the Kwanza river tourism center.

Angola was admitted into the OPEC as the 12th member at the OPEC's 143 extraordinary meeting held on December 14, 2006 in the Nigerian capital Abuja.

Agencies

Last Mod: 27 Ağustos 2007, 23:44
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