08:11 GMT26 February 2021
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    The participants of the Doha meeting reaffirmed their commitment to the Algiers agreement to cut production at 32.5 million barrels, according to Algerian Energy Minister Nouredine Boutarfa.

    DOHA (Sputnik) — Participants of an informal meeting among oil producing countries in Qatar have affirmed their commitment to limit output at 32.5 million barrels per day, Algerian Energy Minister Nouredine Boutarfa said Friday.

    "The participants of the Doha meeting reaffirmed their commitment to the Algiers agreement to cut production at 32.5 million barrels," Boutarfa told reporters.

    OPEC members reached a preliminary deal in Algeria in September to cap oil production at 32.5-33 million barrels per day. The deal is expected to be finalized in Vienna on November 30.

    The ministers of the oil producing countries met informally on the sidelines of the Gas Exporting Countries Forum (GECF) in Doha earlier in the day.


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