02:53 GMT +322 November 2019
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    A flag with the Organization of the Petroleum Exporting Countries (OPEC) logo is seen before a news conference at OPEC's headquarters in Vienna, Austria, December 10, 2016

    Saudi Arabia, Venezuela in Talks to Extend Vienna Deal - OPEC

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    Organization of the Petroleum Exporting Countries Secretary General said that Saudi Arabia and Venezuela are in talks with participants of an agreement to cut oil production on its six-month extension.

    PARIS (Sputnik) Saudi Arabia and Venezuela are in talks with participants of an agreement to cut oil production on its six-month extension, Organization of the Petroleum Exporting Countries (OPEC) Secretary General Mohammed Barkindo said Thursday.

    Barkindo told reporters at the International Oil Summit in Paris that Saudi Energy Minister Khalid Falih is taking the lead in efforts to achieve time-consuming consensus on the so-called Vienna Agreement.

    He added that he had been informed that Venezuelan Petroleum Minister Nelson Martinez is touring all countries that pledged to reduce oil output as part of the Vienna Agreement.

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    oil output, OPEC, Mohammed Barkindo, Venezuela, Saudi Arabia
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