After the meeting, a press conference was held during which the Minister Al-Falih expressed his appreciation to the importance of Russia's role in the declaration of cooperation describing Russia as an effective element in reaching the agreement and its success over the past months. He praised the important role played by the Russian Energy Minister Alexander Novak who co-chaired the Joint Ministerial Follow-up and Monitoring Committee since its inception at the beginning of 2017. Engr. Al-Falih also stressed the importance of monitoring the market and the commitment of the oil-producing countries, indicating that the success achieved at the level of the Joint Ministerial Committee to monitor oil production in 2017 will be going on in 2018. --More 01:31 LOCAL TIME 22:31 GMT www.spa.gov.sa/w673397