Thursday, March 10, 2022

G7 Calls On Oil, Gas Producers To Boost Deliveries - UrduPoint

The G7 club of the most industrialised nations on Thursday urged big energy-producing countries to boost deliveries to blunt the impact of the Russian invasion of Ukraine on prices.

"We call on oil and gas producing countries to act in a responsible manner and to examine their ability to increase deliveries to international markets particularly where production is not meeting full capacity noting that OPEC has a key role to play," G7 energy ministers said in a joint statement.

They added it was "necessary to consider effective measures in order to stop the increase in the gas price".

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