Russia Still Studying Proposal To Become OPEC Observer - Energy Minister

ALGIERS (Pakistan Point News / Sputnik - 23rd September, 2018) Russia is still studying proposal of the Organization of the Petroleum Exporting Countries (OPEC) to become an observer in it, and the final decision has not yet been made, Russian Energy Minister Alexander Novak told journalists on Sunday.

"I said that we are ready to consider this issue. The Russian government is still considering it, and a final decision has not been taken yet," Novak said.

OPEC's proposal to Russia to become an observer country in the organization was revealed in June. Novak then said that Russia would study it carefully.