(MENAFN- Gulf Times) Major oil producing states will discuss a global pact on reducing supplies, review market conditions and examine any proposals related to the deal at a meeting next week, Kuwait's oil minister Essam Abdulmohsen al Marzouq said on Friday.
Several ministers from the Organization of the Petroleum Exporting Countries and other non-Opec producers meet in the Russian city of St Petersburg on Monday.
Kuwait heads the joint ministerial committee of Opec and non-Opec states, known as JMMC, that monitors compliance with the pact to cut 1.8 million barrels per day (bpd) of oil. The cuts began in January 2017 and run to March 2018.
Alongside Kuwait, the JMMC includes Venezuela, Algeria, Saudi Arabia, Russia and Oman.
Minister al Marzouq told state news agency KUNA the meeting would discuss "steps for continuing implementation of the agreement and discuss any suggestion from member states."
The committee would also submit any recommendations it approved to member states.
The JMMC can make recommendations to Opec and other oil producers to adjust the agreement, if necessary.
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