Currency converter
^
News Feed
News Search Topics
ОК
Use filter
You can filter your feed,
by choosing only interesting
sections.
Loading

Oil companies made no revision of investment plans despite falling oil price — minister

December 16, 2014, 13:40 UTC+3
1 pages in this article

MOSCOW, December 16. /TASS/. Russian oil companies made no revision of investment plans despite falling oil price, Russian Energy Minister Alexander Novak said.

Russia’s oil exports may fall due to unchanged oil output level and higher domestic consumption, not government decisions, the minister stressed.

“Russia is not increasing oil supply on the world market. Our output volumes remain at a stable level. We plan to keep output volumes at the 2014 level, without an increase or a decrease,” the minister said. 

“At the same time, export volumes are slightly decreasing due to the growth of domestic consumption. Nevertheless, the global demand grows annually,” he said. Market laws will help stabilize global oil prices, Novak added.

 

 

Show more
In other media
Реклама
Реклама