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Russia Not Intending to Sell Oil at Any Price Just for Sake of Volume: Energy Ministry
Russia Not Intending to Sell Oil at Any Price Just for Sake of Volume: Energy Ministry
Sputnik International
Russia does not intend to sell oil at any price just for the sake of volume, this principle is laid down in the reduction of the country's production in March
2023-03-01T09:17+0000
2023-03-01T09:17+0000
2023-03-01T09:17+0000
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"It is important to understand the principles that are embedded in this reduction. They were very clearly outlined by the president, and Alexander Novak — there is no task to sell oil at any price, just to sell for the sake of volume," Sorokin said on the sidelines of the Valdai Discussion Club in Russia.In February, Russian Deputy Prime Minister Alexander Novak said that Russia will voluntarily reduce crude oil production by 500,000 barrels per day in March in order to contribute to the restoration of market relations.
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Russia Not Intending to Sell Oil at Any Price Just for Sake of Volume: Energy Ministry
MOSCOW (Sputnik) - Russia does not intend to sell oil at any price just for the sake of volume, this principle is laid down in the reduction of the country's production in March, first deputy Russian Energy Minitser Pavel Sorokin said on Wednesday.
"It is important to understand the principles that are embedded in this reduction. They were very clearly outlined by the president, and Alexander Novak — there is no task to sell oil at any price, just to sell for the sake of volume," Sorokin said on the sidelines of the Valdai Discussion Club in Russia.
14 February 2023, 14:06 GMT
In February, Russian Deputy Prime Minister Alexander Novak said that Russia will voluntarily reduce
crude oil production by 500,000 barrels per day in March in order to contribute to the restoration of market relations.