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Azerbaijan says will try to take into account OPEC oil output deal
September 29, 2016 / 9:33 AM / a year ago

Azerbaijan says will try to take into account OPEC oil output deal

BAKU (Reuters) - Azerbaijan will try to take into account an agreement between members of the Organization of the Petroleum Exporting Countries to reduce production when calculating its 2017-2018 oil output, Azeri Energy Minister Natig Aliyev told Reuters on Thursday.

OPEC on Wednesday agreed modest oil output cuts in the first such deal since 2008, effectively re-establishing production ceilings abandoned a year ago.

Reporting by Nailia Bagirova; Writing by Maria Kiselyova; Editing by Andrew Osborn

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