The construction of the Nord Stream 2 gas pipeline is a priority project for Moscow, Kremlin Spokesman Dmitry Peskov told TASS, adding that Russia is going ahead with its implementation. “That is a priority project and we are going ahead with its implementation,” he said.
Read More »Too Early to React to Weak Oil, Let’s Wait for OPEC+ Deal Impact
The Kremlin said on Wednesday that it was too early to draw any conclusions about possible additional steps to stem the slump in oil prices before the global deal agreed by the OPEC+ group takes effect on May 1. Oil prices slumped to less than $16 a barrel on Wednesday, …
Read More »Russia has Reserves to Mitigate Situation on Oil Market
The Russian government will use the available resources to mitigate the negative effects of falling world oil prices on the Russian economy, Russian Presidential Spokesperson Dmitry Peskov told reporters on Tuesday. “The main thing here is that our government, our leadership has all the necessary reserves to dampen the negative …
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