- Find attached the media advisory for the۱۸۲nd Meeting of the #OPEC Conference, the ۳۵th Meeting of the Joint Ministerial Monitoring Committee (#JMMC) and the ۲۳rd OPEC and non-OPEC Ministerial Meeting. #OOTTThe #JMMC has ended without reaching any agreement. As I gather, the JMMC meeting ended on a bitter deadlock. The #OPEC+ ministerial meeting hasn't begun yet. #OOTTThe result of today's #JMMC meeting will be announced at the November ۳۰th #OPEC+ meeting. Apparently the media will not be informed of the details of the meeting today. #OOTT
Today's communiquePrince Abdulaziz, #Saudi Energy Minister:« Not fully complying and then compensating should not become the norm. We must strive to put the compensation scheme behind us» #OOTT #JMMC #OPEC۲۱st Meeting of the #JMMC
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https://opec.org/opec_web/en/multimedia/videoDetail.htm#۶۱۸۲۶۵۱۰۸۵۰۰۱,۱۶۷۵۴۷۹۹۲۰۱۴۵۲۹۲۴۳۸…#JMMC is over.Iraq & Kazakhstan informed of their plans for compliance with the production cut through further reduction during the next three months.Nigeria,Angola &Gabon asked for a week grace period to announce their respective plans. No Press Conference was held after meetnig- There exists an analysis that a ۲-hour #JMMC meeting probably means that #SaudiArabia is determined to prevent, through long and extensive lobbying, the realization of #Russia's push for the production increase. #OOTT #OPEC…. The important issue before the #JMMC session yesterday concerned #Kazakhstan's increase of production beyond its quota. That's why the session yesterday proved to be quite difficult …./۳ #OOTT #OPEC