Tag Archives: TASS News Agency

Energy Minister Alexander Novak said it would take Russia ``months`` to get down to its requested level.

The measure. which was spearheaded by Russia. will come into effect on January 1.

Alexander Novak will hold separate bilateral meetings with the oil ministers of Saudi Arabia and Iran.

Russia would eventually agree to cut its oil production.

OPEC and non-OPEC oil producers will hold a ministerial meeting Dec. 6-7.

A decision on the production policy in 2019 can be reached at an OPEC+ ministerial meeting in Vienna on December 6-7.

Energy cooperation is one of the most important areas of cooperation between Moscow and Belgrade.

Russia may launch settlements with Iran in national currencies in order to continue bilateral cooperation despite the US sanctions against Tehran.

The shipyard will build 25 tankers for Rosneft.

Rosneft will work on increasing its market share if oil prices drop.