DOHA (Sputnik) – According to Novak, the draft deal was prepared by experts from Russia, Venezuela, Saudi Arabia and Qatar on Saturday. The drafty provided for freezing oil production at the level of January 2016 until October this year, as well as the formation of a group of high-level advisory board from four countries, including two from the Organization of Petroleum Exporting Countries (OPEC), and two from non-OPEC states, the minister said.
"We had long discussions today, and this is due to the fact that a number of OPEC states, changed their position this morning just before the beginning of our meeting, and in fact suggested that the agreement involve all OPEC members, as well as major non-OPEC exporters, who were not present at the meeting," Novak told reporters.
According to the minister, such conditions were put forward by a number of Gulf states, including Saudi Arabia, the United Arab Emirates, Kuwait and Qatar.
All participants of the talks believe that freezing the oil output is necessary, but have different approaches to the conditions of the deal.
According to Novak, the meeting was “a significant event.”
