The OPEC+ alliance is set to maintain its oil production policy unchanged for October during its scheduled meeting on Sunday, according to three informed sources quoted by Reuters, as the alliance completes a rollback of part of the production cuts and shifts its focus to next year's production quota negotiations. The meeting comes amid ongoing repercussions of the war in Iran on oil exports through the Strait of Hormuz, and representatives from seven key OPEC+ countries will participate in Sunday’s meeting, namely Algeria, Saudi Arabia, Russia, Iraq, Kuwait, Kazakhstan, and Oman, which have raised their monthly production quotas throughout most of this year. View the full content on Echourouk Online.
Algeria - On Monday, the Minister of Transportation, Saïd Sayoud, held talks in Algiers with the Deputy Prime Minister and Minister of Industry of the Czech Republic, Karel Havlíček, discussing ways to enhance bilateral cooperation between the two countries in the fields of transportation, according to a statement from the ministry.
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The Nigerian Minister of State for Petroleum Resources in charge of gas, Ikebekpe Ikpo, highlighted today from Moscow the developmental and economic dimensions of the Trans-Saharan gas pipeline that connects Nigeria to Algeria via Niger, especially for the Sahel countries, noting that the project is a priority, as Nigeria will extend a pipeline from the south of the country to the north to realize this continental energy facility.
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