Emmanuel Ibe Kachikwu, Minister of Petroleum of Nigeria: «I hope we'll smile at the end. There's still some negotiations to go.»
Reporter: «Agreement or not? Yesterday was a long discussion.»
Emmanuel Ibe Kachikwu, Minister of Petroleum of Nigeria: «I hope we have an agreement.»
Participants arrived for the second day of OPEC ministerial meetings in Vienna on Friday.
The first day of the... Еще conference ended without a resolution on the issue of oil production, despite an earlier decision by Saudi Arabia to cut 500,000 barrels from its production.
The other OPEC members failed to reach a consensus on the volume of production to cut.
The meeting is set to debate on new supply cuts, following a recent drop in oil prices and in light of Qatar's announcement that it is leaving the bloc after almost 60 years.