All news

Russia to remain global oil industry leader in long term, says energy chief

MILAN, October 9. /TASS/. Russia will remain the global oil industry leader over the long term, Energy Ministry Alexander Novak told reporters on Tuesday.

"Russia is currently the leader of the global oil industry and will remain as such on a long-term horizon. Our strategy provides for maintaining oil production at the current level, even with a small increase," the minister said.