ALGIERS (Sputnik) – Earlier in the day, Nigerian Oil Minister Emmanuel Ibe Kachikwu said that the meeting would take place on September 28 on the sidelines of the IEF event in Algiers. OPEC Secretary General Mohammed Barkindo said it would only happen if consultations prior to it were successful.
"The OPEC meeting will happen on the 28th afternoon," the IEF head said, adding that the meeting was confirmed.
In April, major oil-producing states failed to reach an output-freezing agreement in Doha, Qatar. Saudi Arabia, which had previously said that it would freeze output only if Iran followed suit, cited Tehran’s absence from the talks as the reason for not supporting an output freeze.
