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Saudi Energy Minister Khalid Al-Falih said Monday that Oman had decided to leave the Opec + committee.
"In December, Oman proposed to nominate another member of the committee not belonging to OPEC, the option was Kazakhstan, who agreed to join him and we welcomed Kazakhstan." he told the press.
"There are other members of the committee, and we salute their contribution, as members of the ministerial committee charged with overseeing the OPEC oil production reduction agreement."
At their December 7, 2018 meeting in Vienna, OPEC member state ministers decided to reduce oil production by 1.2 million barrels per day starting in January 2019 for 6 months. , Including OPEC countries to reduce total production by 800,000 barrels a day and non-OPEC countries – 400,000 barrels a day. While Russia has agreed to cut production by 228,000 barrels a day from the October 2018 level.
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