Abu Dhabi, Nov 13 (UNI) Petroleum and Natural Gas Minister Dharmendra Pradhan hopes that Russia can convince the Organization of the Petroleum Exporting Countries (OPEC) to ensure more market-oriented prices for oil and gas in the long term.
"We are of this agreement … We know Russia is playing a very constructive role in the OPEC+ forum. Here we are not in a business of newspaper editing, we are in a business of governance, so there is no deadline. In a governance model, you have to negotiate, you have to discuss, you have to find [the] way, and we are confident that all leaders envision that," Pradhan said, when asked about how Russia could potentially influence OPEC policies in terms of supply and pricing, during an interview with Russian news agency Sputnik.
In August, he had mey Russian Energy Minister Alexander Novak in Moscow, during which the former expressed his hope that Russia, as an OPEC+ member, would play an important role in ensuring adequate oil supply in the global market and establishing reasonable pricing.