The situation according to the calculations, a possible reduction of oil production volumes in Russia, stated Minister of energy Alexander Novak.
St. PETERSBURG, 28 Jan. The Ministry of energy did not make the calculations possible reduction of oil production volumes in Russia, told journalists the head of Ministry Alexander Novak.
So, answering a question of journalists, whether the Ministry of energy calculations on how Russia can reduce the production and for what period, Novak said, “No, such calculations no, it’s separate, let’s say the situation, if it comes to that”.
On Tuesday, OPEC made a loud statement aimed at the establishment of the Alliance with Russia and other oil-producing countries. The purpose of this Covenant must be to reduce production and stop the fall of prices for raw materials, reported The Telegraph. Earlier, the Secretary General of cartel Abdalla Salem al-Badri and the organization’s President Emmanuel IBE Cacique expressed the need for coordination of efforts of all countries to this end.
The head of “Transneft” Nikolay Tokarev after the meeting in the Ministry of energy of the Russian Federation with representatives of the Russian oil and gas companies have told reporters that Saudi Arabia came out with the initiative to lead a meeting of oil-producing States on the situation in the oil market and discuss the possibility of reducing its production, the OPEC meeting on this subject could take place in February.