Gazprom Neft won’t cut oil production amid OPEC+ deal

2022-10-14T00:05:00+03:00

2022-10-14T00:15:09+03:00

2022-10-14T00:05:00+03:00

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Gazprom Neft won’t cut oil production amid OPEC+ deal

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Gazprom Neft does not plan to cut oil production in connection with the OPEC + deal, it will fully fulfill the quota, said the head of the company, Alexander Dyukov, on the air of Rossiya 24. “As for… PRIME, 10/14/2022

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MOSCOW, 14 Oct – PRIME. Gazprom Neft does not plan to cut oil production in connection with the OPEC + deal, it will fully fulfill the quota, said the head of the company, Alexander Dyukov, on the air of Rossiya 24.

Russia will not supply oil to countries that set a price ceiling

“As for our company, we produce in accordance with the quota, not higher than the quota. We will not be required to reduce production volumes,” the businessman said.

OPEC + in early October, at the first face-to-face meeting in Vienna in two years, decided to reduce the production of “black gold” by two million barrels per day at once from November, taking the levels agreed for August as a reference point. According to Dyukov, the physical reduction in oil production under the deal will amount to a million barrels per day.

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