ABU DHABI (Reuters) - OPEC's deal to cut production will go ahead even if only non-OPEC Russia commits to reduce output at a meeting later this week, Nigerian oil minister Emmanuel Ibe Kachikwu said on Wednesday.
"We did clearly say we would like to see non-OPEC to participate, but we did not say we would not go ahead when they don't," Kachikwu told reporters on the sidelines of a Bloomberg Markets summit in Abu Dhabi.
"Yes we will go ahead, but we will continue to work on the rest to come onboard."
OPEC agreed last week to reduce output by around 1.2 million barrels per day beginning in January in a bid to reduce global oversupply and prop up oil prices. It hopes non-OPEC countries will contribute a further 600,000 bpd of cuts to the effort. Russia has said it will reduce output by around 300,000 bpd.
Fourteen non-OPEC countries including Russia have been invited to meet with OPEC in Vienna on Saturday.