17:34 GMT +326 September 2017
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    Foreign workers, covering their faces from dust and the blazing sun, work inside the Khouris central processiong oil facility that is still under construction in Saudi Arabia's desert, 160 kms east of the capital Riyadh (File)

    Oil Producers' Output Freeze Meeting in Doha Officially Kicks Off

    © AFP 2017/ MARWAN NAAMANI
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    The start of the meeting has been delayed by over six hours, it has been reported earlier.

    DOHA (Sputnik) – Talks between oil producing countries on freezing oil output are officially beginning in the Qatari capital of Doha, the Russian Energy Ministry said.

    "Oil producers ministerial talks to start in Doha, Qatar," the ministry said in its official Twitter. 

    On Sunday, the Qatari capital is hosting talks of the Organization of the Petroleum Exporting Countries (OPEC) members with other oil producing states. 

    The negotiations are aimed at securing a deal to freeze oil output to stabilize slumping global oil prices.

    In February, the energy ministers of Saudi Arabia, Qatar, Venezuela, and Russia discussed the current oil market situation in Doha and agreed to freeze oil production at January levels if other countries followed suit, in a bid to keep the oil prices from falling further.

    Related:

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    Draft Doha Deal Implies Oil Output Freeze Until October
    Oil Producers to Discuss Output Freeze Deal in Doha on Sunday
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    Oil, freeze, meeting, Doha, Qatar
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