Russian Energy Minister Sergei Shmatko didn't mention gas-output cuts among the topics that were discussed at a Gas Exporting Countries Forum Monday.
Russian Energy Minister Sergei Shmatko didn't mention gas-output cuts among the topics that were discussed at a Gas Exporting Countries Forum Monday.

Speaking as he left a meeting of the forum in Oran, Algeria, the minister said the group was seeking parity with oil instead.

Shmatko said: "All ministers agreed and supported that we continue to strive to achieve indexing gas to oil parity."

He also expressed concern about how measures to tackle carbon emissions could hurt gas demand.

"We are very much concerned about this idea to impose carbon barriers on gas consumption."