Novak to meet with the head of OPEC
On July 30th the meeting of A. Novak, Minister of Energy of Russia, with the general secretary of OPEC, Abdallah Salem al-Badri, will take place in Moscow.
According to the Minister of Russia, the issue of the discussion will be the general situation in the oil market. Novak said he doesn’t plan to discuss certain projects of Russia in Iran with the head of OPEC. Al-Badri didn’t mention the details of the meeting saying that everything will be discussed.
Pronedra wrote that the deal between Russia and Iran concerning the supply of the Iranian oil in exchange for the Russian goods will possible be broken. The Iranian projects became important due to the soon cancellation of sanctions on Iran.