Russia's Lavrov hails Opec+ cooperation on visit to Saudi Arabia

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RIYADH - Russia said Saudi Arabia hailed their oil-market cooperation in the Opec+ alliance as Foreign Minister Sergei Lavrov visited the kingdom for talks with Gulf officials.

The trip comes as Moscow faces growing pressure from the United States and its allies over its invasion of Ukraine.

Lavrov and his Saudi counterpart, Prince Faisal bin Farhan Al Saud,"praised the level of cooperation in the Opec+ format," the Foreign Ministry in Moscow said in a statement on Wednesday . Opec+ is a loosely affiliated entity consisting of the 13 Organisation of Petroleum Exporting Countries and 10 of the world's major non-Opec oil-exporting nations including Russia.

The meeting comes as the European Union this week approved a plan to curtail Russian oil exports to the bloc, ratcheting up sanctions against the Kremlin over President Vladimir Putin's invasion of Ukraine.

 

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