Gazprom ready to supply gas to Ukraine — Russia’s energy ministerBusiness & Economy December 09, 20:08
WADA chief alarmed over statements in McLaren reportSport December 09, 19:04
Russian sports minister: McLaren’s words on "institutional conspiracy" erroneousSport December 09, 18:59
Russian PM says sanctions are not worth loss they cause for businessBusiness & Economy December 09, 18:24
Roscosmos praises contribution of US astronaut John Glenn to world cosmonauticsScience & Space December 09, 18:19
Russian Sports Ministry urges investigation into facts stated in McLaren reportSport December 09, 18:13
WADA says RUSADA must demonstrate 'independence from outside interference'Sport December 09, 18:03
Russian PM says Nord Stream-2 project benefits all participantsRussian Politics & Diplomacy December 09, 18:00
Russian premier says Rosneft stake sale is 'largest deal' in 2016Business & Economy December 09, 17:38
MOSCOW, June 3. /TASS/. Russia’s Energy Ministry does not rule out returning to the idea of oil production freeze, if oil surplus on the market grows, Energy Minister Alexander Novak told reporters.
"If oil prices falls, we will try to find out why it happened. If it is due to excess of supply over demand, that it is possible to return to this subject (of oil production freeze - TASS," Novak said.
Earlier Novak said that oil producing countries are not holding talks on "freeze" of oil production any longer but if such talks resume Russia is ready to return to this issue.
On April 17, the capital of Qatar Doha hosted the meeting of representatives of oil producing countries. It was attended by delegations of 18 countries. The 19th participant - Iran - refused to discuss the "freeze" of oil production. Teheran referred to the fact that recently removed sanctions that were imposed on the country’ oil exports were removed.
The participants of the meeting in Doha failed to agree on the "freeze" of oil production. After 12 hours of talks the parties came to conclusion that they need more time for consideration.