Russian Energy Minister Alexander Novak (pictured) said on Tuesday that Russia and OPEC recognize that there are challenges and uncertainties but that they will continue to be steadfast in their commitment in order to help rebalance the market and achieve a sustainable stability statement.
Speaking at the Seventh High-level Meeting of the OPEC-Russia Energy Dialogue, hosted by OPEC, the OPEC Secretary-General Mohammad Sanusi Barkindo asserted that the partnership with the Russian Federation "has evolved into a permanent, transformative force-for-good in the energy market; one that has had a profoundly positive effect on the industry and the global economy."
Both parties commended the active engagement of experts in research activities and expressed a common understanding to further these activities in research and analysis through the dialogue, including through an internship, secondment program and expert exchange on pertinent issues related to the global energy agenda.
