Daily Archives: January 13, 2018

Russia’s energy minister: Next monitoring committee meeting of OPEC+ to be held in Oman

Baku, January 13, AZERTAC

“Russian Energy Minister Alexander Novak has said that the energy ministers will discuss the situation at a ministerial monitoring committee meeting in Oman, which is scheduled for January 21 next week,” according to Reuters agency.

Russia’s energy minister went on saying the ministers from leading OPEC and non-OPEC producers will discuss the possibility of a smooth exit from a global deal to cut oil output next week.

Asked whether ministers would discuss a possible exit from the deal, he said: “I don’t think anyone is going to stop us from discussing these issues, and we will be able to discuss them in terms of the mechanisms which can be considered.”

The head of one of Russia’s largest oil producers, Lukoil, said earlier on Friday Russian should start exiting the oil pact if crude prices remain at $70 per barrel for more than six months.

But Novak said not all surplus supply had been removed from the oil market.

“We see that the market is becoming balanced. We see that the market surplus is decreasing, but the market is not completely balanced yet,” he told reporters. “Of course, we need to continue monitoring the situation.”

Russia and Saudi Arabia are leading a joint OPEC and non-OPEC effort to limit production to prop up prices. Brent crude oil futures have risen by more than 50 percent since mid-2017, hitting $70 a barrel this week for the first time since December 2014.

AZERTAG.AZ :Russia’s energy minister: Next monitoring committee meeting of OPEC+ to be held in Oman

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2 dead, six missing after boat with 40 capsizes off Maharashtra coast in India

Baku, January 13, AZERTAC

Two children drowned and six were missing after a private boat with 40 students capsized in the Arabian Sea near Maharashtra’s Dahanu, India, on Saturday, according to Hindustan Times.

“We have recovered two bodies and rescued 32 students. Search operation is on for the others,” Manjunath Singe, SP Palghar told PTI.

The bodies of Sonal Bhagwan Surati and Janhavi Harish Surati, both residents of Masauli in Dahanu’s Ambedkar Nagar area, were recovered, Manjunath Singe, Superintendent of Police, Palghar told PTI.

A Dornier aircraft and Coast Guard vessels in the area have been deployed for the rescue operations.

District collector Prashant Narnaware told PTI that the incident occurred this morning off the Dahanu coast.

All the students belonged to Babubhai Junior College near Par Naka in Dahanu, an area in Maharashtra’s Palghar district that is about 110 kilometers from Mumbai.

As per reports, the boat was overcrowded when it tilted and capsized.

AZERTAG.AZ :2 dead, six missing after boat with 40 capsizes off Maharashtra coast in India

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Oil prices increase on world markets

Baku, January 13, AZERTAC

Oil prices have jumped up on the world markets.

On London ICE (InterContinental Exchange Futures) cost of the Brent crude oil increased $0.61 to trade at $69.87, while the price of the US Light crude at the NYMEX (New York Mercantile Exchange) rose $0.50 to stand at $64.30.

AZERTAG.AZ :Oil prices increase on world markets

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Ali Hasanov: OSCE Representative on Freedom of the Media and those in sympathy with him should take balanced, objective and bias-free attitude towards Azerbaijan

Baku, January 13, AZERTAC

The Azerbaijani President`s Assistant for Public and Political Affairs Ali Hasanov has commented on the OSCE Representative on Freedom of the Media Harlem Désir`s statement on the freedom of speech and information in Azerbaijan, which he made in an interview with Voice of America Radio.

Ali Hasanov said:

-It is with great regret that I would like to say that biased and subjective allegations on the freedom of speech and information in Azerbaijan made by a number of foreign circles as well as international NGOs and media outlets controlled by them are being repeated by official representatives of the influential international organization as the OSCE without any investigation.

The freedom of speech and information has been ensured in Azerbaijan, a legislative framework in conformity with international standards has been created to regulate this area, hundreds of media outlets operate freely in the country, 82 per cent of its population have access to the Internet. Therefore, expressing concern about the situation of the media freedom in Azerbaijan, and alleging the suppression of the media, torture of journalists, arrest of human rights defenders, and the existence of impunity is a wrong position and fully contradicts the existing reality.

On the whole, distorting the essence of a particular criminal offense or generalizing it by interpreting out of context should not be described as a restriction of the freedom of speech and information in any country. Azerbaijan is a constitutional and democratic country where rule of law is ensured. Anyone, regardless of position or social status, who is involved in illegal actions as a media representative and violates the law, journalism ethics and standards, should be held accountable.

During his numerous meetings with journalists, President of the Republic of Azerbaijan Ilham Aliyev has repeatedly stressed the importance of responsibility of journalists and called on media representatives to be objective and not to become a tool in the hands of certain circles. This is of principal importance both to the Azerbaijani state and society.

In developed European countries intolerable cases against journalists are taking place, they have their activity restricted, they are being arrested, people`s right to freely express their thoughts is violated using toughest measures. But, unfortunately, such cases do not draw attention of either international journalist organizations or the OSCE. Taking all this into account, I think that Harlem Désir and those circles in sympathy with him should take a balanced, objective and bias-free attitude towards Azerbaijan.

The Azerbaijani government is constantly taking measures to develop the freedom of speech and information, and ensure security of journalists, media transparency and responsible approach, and is committed to continuing these efforts and stands ready for open dialogue on these issues with all international and local organizations.

AZERTAG.AZ :Ali Hasanov: OSCE Representative on Freedom of the Media and those in sympathy with him should take balanced, objective and bias-free attitude towards Azerbaijan

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