Power Minister offers Qatar companies to develop Russian market

On Tuesday, Russian Energy Minister Igor Yusufov met OPEC President, Qatar's Minister of Energy, Industry, Water and Electricity Abdallah bin Hamad al-Attiyah.

"The parties agreed that it was necessary to hold wider bilateral and multilateral consultations between the leading gas-producing countries. They achieved an agreement to hold these consultations at the level of experts soon," reads the press release of the Russian Energy Ministry.

The ministers discussed prospects of Russia-Qatar co-operation in production and supplies of hydrocarbons. Al-Attiyah proposed Russian companies take more active part in tenders on the implementation of projects on the production of hydrocarbons in Qatar and the creation of relevant infrastructure.

Yusufov wished Qatar companies more actively developed Russian market and co-operated with Russian companies in the markets of third countries. The ministers agreed to consider thoroughly the possibilities for boosting this co-operation.

The Russian energy minister came out for the necessity to co-ordinate OPEC activities with other gas and oil producers and accepted the invitation to participate in an OPEC session in June.

Heads of Russian and Qatar companies also took part in the meeting. The OPEC President is visiting Russia at an invitation from his Russian counterpart.