{"id":18132,"date":"2022-10-20T12:20:13","date_gmt":"2022-10-20T12:20:13","guid":{"rendered":"https:\/\/www.africa-press.net\/angola\/all-news\/government-strategy-is-aligned-with-opec-efforts"},"modified":"2022-10-20T14:33:41","modified_gmt":"2022-10-20T14:33:41","slug":"government-strategy-is-aligned-with-opec-efforts","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/angola\/all-news\/government-strategy-is-aligned-with-opec-efforts","title":{"rendered":"Government strategy is aligned with OPEC+ efforts"},"content":{"rendered":"<p><span style=\"color: #ff6600\"><strong>Africa-Press &#8211; Angola. <\/strong><\/span><b>Angola will continue to contribute to OPEC+&#8217;s efforts to ensure that &#8220;fair revenues&#8221; are obtained for producing countries and the continuous supply of crude oil to consumers.<\/b><\/p>\n<p>In a statement, the Ministry of Mineral Resources, Oil and Gas indicates that Angola as a signatory to the Declaration of Cooperation signed in December 2016, between OPEC member countries and non-OPEC crude oil producers (OPEC+), in a total of 23 countries, constituted a historic milestone in the &#8220;life of the Global Oil Industry, which has taken very important decisions to accommodate not only the producing countries but also the oil consumers&#8221;.<\/p>\n<p>Based on current market conditions, &#8220;characterized by the downward trend in prices, at the OPEC and Non-OPEC Ministerial Meeting held on 5 October of this year, it was decided to reduce production by 2 million barrels per day, which had a positive impact on the market, as it made it possible to counter the decline in market prices&#8221;.<\/p>\n<p>The note also highlights that, in a period of various uncertainties, OPEC+ actions aim to contribute to market stability by adjusting supply and demand.<\/p>\n<p>&#8220;During the validity of the Declaration of Cooperation, the mechanism that has been used by OPEC+ is the increase or reduction of crude oil production, with a view to mitigating the imbalances between these two factors&#8221;, he pointed out.<\/p>\n<p>OPEC+, the note indicates, has scheduled periodic meetings to assess market conditions and, unanimously, take decisions that are important for the sustainability of the oil industry.<\/p>\n<p><strong>For More News And Analysis About <a href=\"https:\/\/www.africa-press.net\/angola\">Angola<\/a> Follow <a href=\"https:\/\/www.africa-press.net\/\">Africa-Press<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Africa-Press &#8211; Angola. Angola will continue to contribute to OPEC+&#8217;s efforts to ensure that &#8220;fair revenues&#8221; are obtained for producing countries and the continuous supply of crude oil to consumers. In a statement, the Ministry of Mineral Resources, Oil and Gas indicates that Angola as a signatory to the Declaration of Cooperation signed in December [&hellip;]<\/p>\n","protected":false},"author":84,"featured_media":18131,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,5,7],"tags":[233,337,329],"class_list":["post-18132","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-economy","category-head-lines","tag-africa-press","tag-africa-press-angola","tag-angola"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v26.1 (Yoast SEO v27.0) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Government strategy is aligned with OPEC+ efforts - Angola<\/title>\n<meta name=\"description\" content=\"Angola will continue to contribute to OPEC+&#039;s efforts to ensure that &quot;fair revenues&quot; are obtained for producing count ...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/angola\/all-news\/government-strategy-is-aligned-with-opec-efforts\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Government strategy is aligned with OPEC+ efforts\" \/>\n<meta property=\"og:description\" content=\"Angola will continue to contribute to OPEC+&#039;s efforts to ensure that &quot;fair revenues&quot; are obtained for producing count ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/angola\/all-news\/government-strategy-is-aligned-with-opec-efforts\" \/>\n<meta property=\"og:site_name\" content=\"Angola\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/AfricaPressTunisiaa\" \/>\n<meta property=\"article:published_time\" content=\"2022-10-20T12:20:13+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-10-20T14:33:41+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/angola\/sites\/65\/2022\/10\/postQueueImg_11-63515c2af1877.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"864\" \/>\n\t<meta property=\"og:image:height\" content=\"486\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"cfeditoren\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"cfeditoren\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.africa-press.net\/angola\/all-news\/government-strategy-is-aligned-with-opec-efforts#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/angola\/all-news\/government-strategy-is-aligned-with-opec-efforts\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/angola\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"Government strategy is aligned with OPEC+ efforts\",\"datePublished\":\"2022-10-20T12:20:13+00:00\",\"dateModified\":\"2022-10-20T14:33:41+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/angola\/all-news\/government-strategy-is-aligned-with-opec-efforts\"},\"wordCount\":262,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/angola\/all-news\/government-strategy-is-aligned-with-opec-efforts#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/angola\/sites\/65\/2022\/10\/postQueueImg_11-63515c2af1877.jpg\",\"keywords\":[\"Africa Press\",\"Africa Press-Angola\",\"Angola\"],\"articleSection\":[\"all news\",\"economy\",\"head lines\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/angola\/all-news\/government-strategy-is-aligned-with-opec-efforts#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/angola\/all-news\/government-strategy-is-aligned-with-opec-efforts\",\"url\":\"https:\/\/www.africa-press.net\/angola\/all-news\/government-strategy-is-aligned-with-opec-efforts\",\"name\":\"Government strategy is aligned with OPEC+ efforts - 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