DUBAI, Nov 27 (Reuters) - Saudi Arabia, Russia and
Kazakhstan stressed on Wednesday the importance of full
commitment to the voluntary oil production cuts agreed by the
Organization of the Petroleum Exporting Countries and their
allies, the Saudi state news agency reported.
OPEC+ members are discussing a further delay to a planned
oil output hike that was due to start in January, two sources
from the producer group told Reuters on Tuesday, ahead of
Sunday's meeting to decide policy for the early months of 2025.
The remarks follow a meeting on phone held by Saudi Arabian
Energy Minister Prince Abdulaziz bin Salman, Kazakh Energy
Minister Almasadam Satkaliyev, and Russian Deputy Prime Minister
Alexander Novak, who is on an official visit to Kazakhstan, SPA
said.
"They also stressed the importance of cooperation among
OPEC+ member countries and full adherence to the agreement,
including the voluntary production cuts agreed upon by the eight
participating countries, as well as compensating for any excess
production," SPA reported.
On Tuesday, Prince Abdulaziz and Novak met with Iraqi
Prime Minister Mohammed Shia al-Sudani in Baghdad to discuss the
conditions of global energy markets and matters related to the
production of crude oil, its flow to markets and meeting demand,
Iraq's prime minister's office said.
Saudi Arabia's energy ministry said the three nations
emphasised the importance of fully committing to the OPEC+ oil
supply agreement, including voluntary production cuts agreed by
eight member states and measures to compensate for any increases
in production.