Egypt and Turkmenistan participating in talks with OPEC regarding their participation in the oil production limiting agreement have not yet confirmed their readiness to join the deal, OPEC Secretary General Mohammed Barkindo told TASS on Wednesday on the sidelines of the 22nd World Petroleum Congress in Istanbul.
“No update. We have not met. They can’t confirm their position until we meet,” Barkindo said.
On 23 May Saudi Energy Minister Khalid al-Falih held meetings with representatives of Norway, Egypt and Turkmenistan. Based on the outcomes of the meeting, he expressed confidence that the sides were intersted in joining the oil production limiting agreement.
The OPEC meeting was held on 25 May but the delegation of Turkmenistan did not attend the session “due to their circumstances”.