He also called on all OPEC members and allies to participate in the meeting so as to take broad actions to tackle the troubled market.
"We need to submit this agreement to the main oil producers in the world...and take a decision on how to stabilize the market," he added.
On Feb. 16, oil ministers of Venezuela, Saudi Arabia, Russia and Qatar signed a deal in Doha on coordinating actions to freeze oil production in a bid to stabilize global oil prices and ensure continued profits from the industry.
Venezuelan national oil company PDVSA also said the ministers have agreed to set up a monitoring committee "to follow up on the results of these actions."
The Venezuelan government has been actively seeking a freezing of production since mid-2015 as oil prices have fallen some 70 percent since mid-2014 to below 33 U.S. dollars per barrel on Wednesday.
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