Minister of Energy, Industry and Mineral Resources and his Algerian Counterpart Hold Meeting

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Algiers, Safar 13, 1438, November 13, 2016, SPA -- Minister of Energy, Industry and Mineral Resources Khalid bin Abdulaziz Al-Faleh met here today with Algerian Energy Minister, Noureddine Bouterfa. The meeting addressed discuss of a specific mechanism to activate the agreement that was reached at the International Energy Forum held in Algiers in the late September, which is aimed at cooperation between OPEC countries and producing countries abroad, to achieve price stability, and restore balance to the international petroleum market. Al-Faleh stressed the need to reach consensus among OPEC countries and agree on a specific mechanism for activating the historic agreement that has been in Algeria. -- SPA 03:32 LOCAL TIME 00:32 GMT www.spa.gov.sa/w268258

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