DUBAI: Venezuelan President Nicolas Maduro was yesterday quoted as saying that Opec and non-Opec nations were “very close” to an agreement on oil production curbs, Azerbaijan’s state news agency Azertag reported.
“With (Azeri) President Ilham Aliyev we talked about reaching agreements between Opec and countries that are not members of the group. We are very close to reaching agreements and signing a relevant deal,” Azertag quoted Maduro as saying in Baku, Azerbaijan’s capital city.
“I believe that the relevant agreement will be reached within a very short time and we will announce it. This will pave the way for a new era of stability and investments, stable output and new oil price formula,” he said.
Maduro later visited Iran and held talks with supreme leader Ayatollah Ali Khamenei and President Hassan Rouhani.
Khamenei told Maduro that a fall in oil prices was a “tool for pressuring countries that are independent of the US”, Iranian state media reported.
“Through wise policies and increased co-operation, it is possible to defeat such plots and enmity,” state broadcaster IRIB quoted Khamenei as saying.
Rouhani told Maduro that “Iran supports any action in line with the stability of the oil market, a fair price and a fair share (of output),” IRIB reported.
Maduro visited Azerbaijan and Iran as part of an international trip that also includes visits to Saudi Arabia and Qatar and is aimed at pushing a deal to stabilise oil markets.