Title for Episode VIII of world’s famous saga ‘Star Wars’ revealedSociety & Culture January 23, 21:19
Russia’s chief negotiator: Astana format gives hope for new level in negotiating processRussian Politics & Diplomacy January 23, 20:52
Astana talks focusing on mechanism of Syria ceasefire observance — oppositionWorld January 23, 20:23
Russia and Turkey hit Islamic State targets near al-Bab in Aleppo provinceWorld January 23, 20:06
Russia’s 4th Yasen-class submarine completes hydraulic testsMilitary & Defense January 23, 18:56
Arctic airport in search for investorsBusiness & Economy January 23, 18:50
Rosneft begins Arctic shelf’s seismological exploration from 2017Business & Economy January 23, 18:38
Tesla takes the lead in sales of electric cars in Russia in 2016Business & Economy January 23, 18:18
Politician says European-style reforms to degrade Ukraine’s economyWorld January 23, 18:16
VERONA, October 22. /TASS/. The Organization of Petroleum-Exporting Countries (OPEC) has fully stopped to perform its function of the regulator, the meeting on October 21 did not bring any new decisions, CEO of Russian oil giant Rosneft Igor Sechin said on Thursday speaking at the IV Eurasian Forum in Verona.
"OPEC has fully stopped performing its function of the regulator, the meeting on October 21 [with the countries which are not members of OPEC - TASS] did not bring any new decisions," he said.
Sechin also said that Hungary had begun to export oil from Kurdistan and Poland has agreed on oil supplies with Saudi Arabia.
Speaking about the global energy market Sechin said that the share of Europe in global consumption of energy resources will decline from 19% in 2015 to 16% in 2030.