Business Nigeria Will Call Extraordinary OPEC Meeting If Oil Prices Slip Further - Alison-Madueke

L

LequteMan

Guest
According to Minister of Petroleum Resources, Diezani Alison-Madueke, Nigeria will call an extraordinary meeting of OPEC if crude oil prices slip any further, indicating growing concerns over the impact of the oil crash on oil-producing economies.

"We're already talking with member countries," Alison-Madueke said in an interview with Financial times on Monday.

If the price "slips any further it is highly likely that I will have to call an extraordinary meeting of OPEC in the next six weeks or so", she said.

As OPEC president, she is responsible for liaising with member countries and the producer group's secretary-general in the event of an emergency meeting.

Almost all OPEC countries, except perhaps the Arab bloc, are "very uncomfortable," she said

#Nigeria #Oil

diezani maduekwe.jpg
 
Back
Top