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OPEC is close to reaching an agreement to extend the production cut deal beyond June.
Read More »Oil could Still Drop to $30 per Barrel
Russia Sees $60 Oil Satisfactory
Due to the production cuts. Russia’s economy is expected to grow by just 1.2 percent in 2019.
Read More »Nord Stream 2 on Schedule despite US Threats to Impose Sanctions
The project is under construction in accordance with the approved schedule.
Read More »Russia Reaches OPEC+ Oil Output Target by Late April
Russia is the only participant that can reduce production gradually as was the case in 2017.
Read More »Russia Considers to Increase Gas Exports
Russia sought to increase the production and export of liquefied natural gas.
Read More »Gazprom Restarts Gas Supplies from Turkmenistan
Natural gas export is among main sources for replenishment of the Turkmenistan’s budget.
Read More »Gazprom Ready to Continue Gas Transit Contract with Ukraine
Gazprom is ready to enter negotiations for making a new contract on direct delivery of the Russian gas to the Ukrainian market.
Read More »Russia Specifies Conditions for Continuing Gas Transit via Ukraine
Russian gas supplies to the European market have been consistently growing in the last several years.
Read More »Gazprom to Increase Gas Output by 2035
Gazprom has increased its share on the European market from 34.7% in 2017 to 36.7% in 2018.
Read More »Putin. King Salman Salute OPEC+ Deal
Cooperation by Russia and Saudi Arabia on international energy markets will be continued.
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