6 Apr 2020 13:23

Video-conference of oil-producing companies shifted to Thurs due to tech reasons; preparations ongoing - Peskov

MOSCOW. April 6 (Interfax) - The meeting of oil-producing countries via video-conference that was originally scheduled for April 6 has been postponed to April 9 for technical reasons, and preparations for it are underway, Russian presidential spokesman Dmitry Peskov told reporters.

"It has been postponed to Thursday for technical reasons, and preparations are underway for it," Peskov said, though he did not answer whether the United States would be participating in reducing production. "I think that everyone just needs to wait for the teleconference to be held this week."

"The point was that in order to stabilize the market, it would certainly require the participation of those countries that did not previously participate in the coordination. Those who are currently in working contact are definitely talking about this. What countries will these be? I cannot say right now," Peskov said.

He reiterated what President Vladimir Putin said on Friday during a meeting about the situation on the international energy market: Russia is ready to participate in coordinated steps to reduce global production by about 10 million barrels per day. What exactly could Russia's share be in this reduction, Peskov did not say.