The president of OPEC to hold a meeting with the general secretary of the oil cartel, Rilvanu Lukman on Tuesday

/IRBIS, July 17, 00/ - MFD-InfoCenter informs, with the reference to New York Times, that the president of OPEC, Ali Rodriguez will hold a meeting with the general secretary of the oil cartel, Rilvanu Lukman on Tuesday to discuss the mechanisms of reducing crude oil prices on the world commodity markets. The minister of energy and mineral resources of Algeria, Chakib Kelil said the date for holding a full meeting of OPEC would be discussed in Caracas. It is said Mr. Lukman has met with all the member of the organization and found their opinions regarding the need to hold extraordinary meeting of OPEC. It is believed that the agreement on oil production quota increase will hardly be reached without discussing this matter by all OPEC members. It is also said that the cartel will agree to increase oil production by 500 th. barrels a day only if the prices will remain at $28 per barrel for more than 20 business days.