The Ministerial Committee OPEC+ will meet on December 5 in Vienna

© RIA Novosti / Alexei Vitvitskiy in fotobanka OPEC. Archival photoThe Ministerial Committee OPEC+ will meet on December 5 in Vienna© RIA Novosti / Alexei Vitvitskiy the image Bank

The next meeting of the Ministerial monitoring Committee of OPEC+ will take place on 5 December in Vienna, told reporters OPEC Secretary General Mohammed Barkindo.

«The next meeting of the Ministerial monitoring Committee held on 5 December in Vienna,» said Barkindo.

Also in Vienna on 6 December at a meeting of Ministers of OPEC member countries. On Sunday in Abu Dhabi hosts meeting of the Ministerial monitoring Committee of OPEC+, which was established to monitor the implementation of the agreement and develop recommendations for its improvement.

OPEC and several non-organisation countries (OPEC+) agreed in late 2016 in Vienna on the reduction of oil production to 1.8 million barrels per day from the level of October 2016, of which 300 thousand were in Russia. The contract started from the beginning of 2017 and has been extended until the end of 2018. In June 2018 OPEC+ agreed goal is to escape from the fulfillment of the terms of the agreement, which then accounted for 47%.The Ministerial Committee OPEC+ will meet on December 5 in Vienna© RIA Novosti, Integratiebeleid in fotomonster and objectives of OPEC

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