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OPEC Currency Shift Would Need Finance Ministers Meeting-Pres - ASHARQ AL-AWSAT English Archive
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ALGIERS, (Reuters) – Any move by OPEC as a group to abandon the dollar for oil pricing would require a meeting of the 13-member OPEC’s finance ministers, OPEC President Chakib Khelil said on Wednesday.

Khelil, who is also Algeria’s Energy and Mines Minister, added in brief remarks to reporters that Algeria had no immediate plans to shift.

“Algeria is not interested in any change from the dollar for the moment,” he said. “Any OPEC decision to change needs a meeting of finance ministers of OPEC.”

Asharq Al-Awsat

Asharq Al-Awsat

Asharq Al-Awsat is the world’s premier pan-Arab daily newspaper, printed simultaneously each day on four continents in 14 cities. Launched in London in 1978, Asharq Al-Awsat has established itself as the decisive publication on pan-Arab and international affairs, offering its readers in-depth analysis and exclusive editorials, as well as the most comprehensive coverage of the entire Arab world.

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