President of Russia
  • Events
  • Structure
  • Videos and Photos
  • Documents
  • Contacts
  • Search
  • Search this website
President of Russia
Mobile version

President's
website
sections

  • Events
  • Structure
  • Videos and Photos
  • Documents
  • Contacts
  • Search
  • Search
  • For the Media
  • Subscribe
  • Directory
  • Version for People with Disabilities
  • Русский

President's
website
resources

  • President of RussiaCurrent resource
  • The Constitution of Russia
  • State Insignia
  • Address an appeal to the President
  • Vladimir Putin’s Personal Website

Official Internet Resources
of the President of Russia

  • Telegram Channel
  • Rutube Channel
  • YouTube Channel

Legal
and technical
information

  • About website
  • Using website content
  • Personal data of website users
  • Contact website team

All content on this site is licensed under

Creative Commons Attribution 4.0 International

Presidential Executive Office2025
Events

Meeting with OPEC Secretary General Mohammad Barkindo

October 2, 2019
14:45
Moscow
Before the meeting with OPEC Secretary General Mohammad Barkindo.
Before the meeting with OPEC Secretary General Mohammad Barkindo.
At the meeting with OPEC Secretary General Mohammad Barkindo. With Energy Minister Alexander Novak, who took part in the meeting on the Russian side.
At the meeting with OPEC Secretary General Mohammad Barkindo. With Energy Minister Alexander Novak, who took part in the meeting on the Russian side.
OPEC Secretary General Mohammad Barkindo.
With Energy Minister Alexander Novak at the meeting with OPEC Secretary General Mohammad Barkindo.
1 of 5
Before the meeting with OPEC Secretary General Mohammad Barkindo.

Before the plenary session of the Russian Energy Week International Forum, Vladimir Putin met with OPEC Secretary General Mohammad Barkindo.

Earlier, on the sidelines of the forum, the President spoke with the heads of relevant foreign agencies and international energy organisations.

* * *

Meeting with OPEC Secretary General Mohammad Barkindo

President of Russia Vladimir Putin: Mr Secretary General,

See also

Meeting with heads of relevant agencies and international energy organisations
October 2, 2019

I am very happy to welcome you again in Moscow for Russian Energy Week. We have record representation in the number of participants, companies and countries. As I have just mentioned to my colleagues, we believe this is very important for everyone in this market.

Mr Secretary General, we highly appreciate your personal contribution to the development of relations between Russia and OPEC. The energy dialogue between your organisation and countries that are not OPEC members is producing positive results both for us and the entire world energy market, that is, for the entire world economy.

I know that on September 30 you and Russian Energy Minister Alexander Novak took part in the special session of the Valdai forum on the world energy market that is currently underway in Sochi.

I am confident that such dissemination of information, including among people who do not deal directly with energy, is very important for explaining our common stand on the development of world energy markets.

The recent attack on oil facilities in Saudi Arabia certainly triggered a hike in oil prices, but I was sure that everything would return to today’s indicators because there are no serious grounds for fundamental market fluctuations. They do not exist partly owing to our common efforts to stabilise the world market.

We hope for the firm and consistent position of the participants in the OPEC+ format. We know that OPEC pursues a consistent approach on observing a certain discipline in fulfilling all of our commitments. As you know, for its part, Russia is abiding by all of our agreements and this brings a common result, common success.

I would like to emphasise again that we are happy to see you in Moscow.

OPEC Secretary General Mohammad Barkindo.
OPEC Secretary General Mohammad Barkindo.

OPEC Secretary General Mohammad Barkindo: Thank you very much, Mr President, for this distinct honour to be once again received by your good self in Moscow during this very important energy conference, the Russian Energy Week.

And, this year as you have rightfully said, for the first time I’ve also participated in the Valdai, especially with my very good friend, Alexander Novak.

Mr President, on behalf of OPEC and on behalf of OPEC+, we wish to extend our deepest gratitude for the leadership that you have continued to provide to us.

As recently as June, this year, at the G20 summit in Osaka, Japan, you so kindly met with the Crown Prince of Saudi Arabia Mohammad bin Salman, and that meeting, Mr President, was extremely important to us.

It paved the way for our agreements in July. And I also recall that previous to that, in 2016, we met during the G20 in Hangzhou, China, with Crown Prince Mohammad, which also paved the way to the declaration of cooperation.

In the current circumstances that we have found ourselves, with the hightened geopolitical tensions in the region that are impacting on the oil market and on our work, we look up to you to continue to provide that leadership.

The world is continuously being fragile, fragmented, and this is very scary for us. In just a matter of minutes, we lost five percent of the total world oil production: 5.7 barrels a day. It’s the highest loss that we have seen in the last 40 years. This is very scary to us.

Geography

  • Moscow

Topics

  • Energy
  • Foreign policy

Publication status

Published in sections: News, Transcripts

Publication date: October 2, 2019, 14:45

Direct link: en.kremlin.ru/d/61703

Text version

NaN /
  • VK
  • Telegram
  • Ok
  • Выделить
Text
5
Photo

Share
Direct link
http://en.kremlin.ru/events/president/news/61703
Share
  • VK
  • Telegram
  • Ok
  • Send by email
  • Print
Send by email

Official Website of the President of Russia:

Meeting with OPEC Secretary General Mohammad Barkindo

http://en.kremlin.ru/events/president/news/61703

Last updated at October 2, 2019, 20:34

Официальные сетевые ресурсы

Президента России

Official Internet Resources

of the President of Russia

Русский Английский
  • For the Media
  • Version for People with Disabilities
  • Telegram Channel
  • Rutube Channel
  • YouTube Channel
  • Website of the President of Russia
  • State Insignia
  • Address an appeal to the President
  • Vladimir Putin’s Personal Website
  • Putin. 20 years

Presidential Executive Office
2025

BESbswyBESbswyBESbswyBESbswyBESbswyBESbswyBESbswyBESbswyBESbswyBESbswyBESbswyBESbswy