Egypt Ready To Host Future OPEC-Non-OPEC Meetings - Petroleum Minister

Egypt is eager to host future meetings between the Organization of the Petroleum Exporting Countries (OPEC) and non-OPEC countries, Tarek El Molla, Egyptian minister of petroleum and mineral resources, told Sputnik on Wednesday on the sidelines of the CERAWeek conference in the US city Houston

HOUSTON (UrduPoint News / Sputnik - 14th March, 2019) Egypt is eager to host future meetings between the Organization of the Petroleum Exporting Countries (OPEC) and non-OPEC countries, Tarek El Molla, Egyptian minister of petroleum and mineral resources, told Sputnik on Wednesday on the sidelines of the CERAWeek conference in the US city Houston.

Media reports emerged recently that Egypt could replace Austria as the venue for the next OPEC-non-OPEC meeting.

"Yes, of course, [Egypt is] considering [hosting OPEC-non-OPEC meetings].

Definitely. We are welcoming. It will be our pleasure and honor to welcome the OPEC and non-OPEC countries," El Molla said, when asked whether Cairo considered hosting OPEC-non-OPEC meetings.

OPEC Secretary General Mohammad Barkindo confirmed to Sputnik on Monday that Vienna would host the upcoming April 17-18 meeting between OPEC member states and non-cartel producers, as planned. He added that he could not currently say whether Cairo could host future OPEC-non-OPEC meetings.