UPDATE 2-Putin says oil output freeze would be right decision - Bloomberg

viernes 2 de septiembre de 2016 05:51 GYT
 

* OPEC, non-OPEC talks failed in April

* OPEC, non-OPEC producers to meet in Algeria this month

* Russian oil output lowest in a year in August - data (Adds details, quotes, background)

By Christian Lowe and Maria Tsvetkova

MOSCOW, Sept 2 (Reuters) - Russian President Vladimir Putin said an agreement between oil exporters to freeze output would be the right decision for the global market and a compromise should be found for Iran to achieve a deal.

Attempts by OPEC and non-OPEC oil exporters to reach a pact on stabilising production levels earlier this year foundered because Iran, which is anxious to increase exports after the lifting of international sanctions, declined to participate.

"I think that from the point of view of economic expediency and logic, it would be right to find some sort of compromise" on Iranian output, Putin said in an interview with Bloomberg, a transcript of which was published on the Kremlin website.

"I would very much like to hope that all the participants in this market, who want to maintain stable and fair world prices for energy resources, will at the end of the day take the necessary decision," Putin was quoted as saying.

He said he would convey his position to Saudi Arabia's Deputy Crown Prince Mohammed bin Salman, whom he may meet on the sidelines of a G20 gathering in China this weekend.   Continuación...