Nigeria, Libya Expected To Attend OPEC-Led Panel On Friday

Nigeria, Libya Expected To Attend OPEC-Led Panel On Friday

Two OPEC sources confirmed that Nigeria’s oil minister and the head of Libya’s state oil company are likely to attend a joint meeting between OPEC and non-OPEC nations on Friday to discuss the progress of their deal to limit output, Reuters reports.

Both countries are exempt from an OPEC-led deal to cut output and their resulting boost to production has weighed on prices. This has prompted more talk about including Libya and Nigeria in the pact.

Nigerian oil minister Emmanuel Ibe Kachikwu is “most likely” to attend Friday’s meeting, one of the sources said, while the second source said that Mustafa Sanalla, chairman of Libya’s National Oil Corp, is also expected to join the meeting.

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