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Saudi Falih to hold briefing with Nigerian oil minister today

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Access Pensions, Future Shaping

ABUJA, NOVEMBER 28, 2018 – Saudi Arabian Energy Minister Khalid al-Falih will hold a joint media briefing with Nigerian oil minister Emmanuel Ibe Kachikwu on Wednesday at 0900 GMT, a Nigerian oil ministry official said.

He said the briefing would be held following talks between the two ministers in Abuja. He gave no further details.

Falih said earlier in November that abundant supply of oil may require OPEC and its allies to take steps to reduce output in 2019. The group will meet next week in Vienna to discuss output policies.

Nigeria has been excluded from the previous round of production cuts, which began in 2017, due to steep production declines because of unrest. The country’s production has recovered since then.

Access Pensions, Future Shaping
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