OPEC Secretary-General: We are not a political organization
01:02
Fourth - follow up
The Secretary-General of the Organization of the Petroleum Exporting Countries, Muhammad Barkindo, announced that the current situation in the energy market shows that the countries of the world should not make the global energy market hostage to their political differences.
"We (OPEC) are not a political organization, and we try as much as possible to stay away from politics. We also continue to work to remove politics from the supply of oil," Berkindo said during the "Serawick" international conference.
Earlier on Monday, Russian Deputy Prime Minister Alexander Novak said that oil prices could jump above $300 a barrel if the United States and the European Union banned Russian oil imports.
And the Speaker of the US House of Representatives, Nancy Pelosi, announced yesterday that the House is studying the possibility of preparing a bill banning the import of oil and energy resources from Russia, against the backdrop of the crisis in Ukraine.