Happy football fans at FIFA Confederations CupSport June 26, 16:55
Russia launches serial production of upgraded rockets for anti-submarine warfare systemMilitary & Defense June 26, 16:27
Russian female team wins World Chess Championship for first timeSport June 26, 16:19
Vietnamese president plans to discuss ways to boost cooperation with Russian authoritiesWorld June 26, 16:10
Telegram founder warns weaker encryption in messenger apps may disrupt national securityBusiness & Economy June 26, 15:22
No cases of racism at FIFA Confederations Cup — Nigerian fanSport June 26, 14:56
Kremlin comments on dispute between Telegram founder and telecom watchdogRussian Politics & Diplomacy June 26, 14:27
Diplomat notes possible exodus of Russia’s envoy to US not spur-of-the-moment moveRussian Politics & Diplomacy June 26, 14:15
Russia to feature advanced torpedo at St. Petersburg naval showMilitary & Defense June 26, 14:07
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.