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Failure to agree oil freeze deal may have "most unpredictable" outcome -Gazprom

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Reuters MOSCOW
Last Updated : Apr 18 2016 | 2:07 PM IST

MOSCOW (Reuters) - The failure by oil-producing nations to reach an oil freeze deal in Doha may lead to "the most unpredictable" scenarios, Valery Golubev, a board member of Russian natural gas export monopoly Gazprom, said on Monday.

"Yesterday's talks on freezing oil production volumes led to the most unexpected results," Golubev told an energy conference in Moscow.

"Hydrocarbon producers are not ready today to reach agreements proceeding from universal human values. Everyone is pursuing their own selfish goals, and this may lead to the most unpredictable scenarios."

(Reporting by Denis Pinchuk; Writing by Dmitry Solovyov; Editing by Lidia Kelly)

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First Published: Apr 18 2016 | 1:54 PM IST

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