Chakib Khelil Quotes

That's the signal we're going to give. This one has the merit of proposing something concrete, offering to put on the market quantities which will help stabilize (the price), which we need

Chakib Khelil

They Said So®

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Chakib Khelil

Chakib Khelil (Arabic: شكيب خليل; born 8 August 1939) is an Algerian political figure who served in the government of Algeria as Minister of Energy and Mines from 1999 to 2010.

Source: Wikipedia

Chakib Khelil

We'll have a cut of 2 million (barrels) on the 1st of January, I don't have any doubt.

doubt january
Chakib Khelil

People are not really for an increase in June

people june
Chakib Khelil

There is no need to really increase production now because the prices are stable at 5 and we are always here to meet the demand required in the market.

market demand
Chakib Khelil

That's the signal we're going to give. This one has the merit of proposing something concrete, offering to put on the market quantities which will help stabilize (the price), which we need

merit market price give
Chakib Khelil

There will be no increase in production, definitely not. There is a consensus on that.
Chakib Khelil

We want 5 a barrel.
Chakib Khelil

The total in production cuts announced so far by non-OPEC countries nears only 300,000 bpd and we are still awaiting more efforts (from them)
Chakib Khelil

There is a consensus with the member countries to maintain the current quota as there is enough oil in the market. I expect a barrel at US0 at least for the second quarter of the year.

market oil
Chakib Khelil

We think that we will keep production at the same level.

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