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Joint Ministerial Monitoring Committee
Organisation

Joint Ministerial Monitoring Committee

OPEC+ body that reviews members' production compliance.

The Joint Ministerial Monitoring Committee is OPEC+'s standing compliance body; Russian Deputy Prime Minister Alexander Novak chaired its 67th meeting on 2 August 2026, reviewing member states' production quotas.

Last refreshed: 3 August 2026 · Appears in 1 active topic

Key Question

What does the OPEC+ Joint Ministerial Monitoring Committee do?

Timeline for Joint Ministerial Monitoring Committee

#26 2 Aug

Reviewed OPEC+ producer compliance under Novak's chairmanship

Russia-Ukraine War 2026: Novak chairs OPEC+; diesel study waits
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Background

The Joint Ministerial Monitoring Committee is the standing OPEC+ body that reviews member states' adherence to agreed oil production quotas. It meets periodically to assess compliance across the group and recommend adjustments, though its findings do not set policy directly; they shape the data OPEC+ ministers use when deciding output levels.

The committee sits alongside, rather than inside, individual members' domestic energy administration, so its REMIT is limited to cross-country quota monitoring rather than any one state's production or export decisions.

For readers tracking OPEC+ cohesion, the committee is the forum where compliance disputes between member states surface first, before they reach full ministerial level.

Common Questions
What is the OPEC+ Joint Ministerial Monitoring Committee?
It is the standing OPEC+ body that reviews member states' compliance with agreed oil production quotas.Source: official
Who chairs the JMMC?
Russian Deputy Prime Minister Alexander Novak chaired its 67th meeting on 2 August 2026.Source: official
Why does the JMMC matter for oil markets?
Its compliance reviews shape the data OPEC+ ministers use when deciding whether to adjust output levels.Source: official
When did the JMMC last meet?
Its 67th meeting took place on 2 August 2026, chaired by Alexander Novak.Source: official