17:59 GMT18 January 2021
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    Oman is ready to discuss oil production reduction during an expert OPEC and Non-OPEC meeting in Vienna.

    VIENNA (Sputnik) — Oman representatives — one of the major oil producers outside the Organization for the Petroleum Exporting Countries (OPEC) group — are ready to discuss not only oil production freeze, but also oil production reduction during an expert OPEC and Non-OPEC meeting in Vienna, a source in one of the delegations told RIA Novosti Friday.

    "Oman expects similar measures to be taken by other countries" if it agrees on oil output reduction, the source stressed.

    On September 28, OPEC member states agreed on cutting its oil production to 32.5-33 million barrels per day for the whole cartel, however, no exact limits for each country have been placed. The OPEC countries are set to finalize the agreement on oil output freeze at the OPEC summit in Vienna on November 30.


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    summit, reductions, oil, representative, OPEC, Oman
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