Putin greets KamAZ-Master team - winner of Silk Way RallySport July 22, 15:20
Agreements on East Ghouta zone in Syria signed - Defense MinistryWorld July 22, 14:20
PAK FA offers practically unlimited opportunities to pilot - commanderMilitary & Defense July 22, 11:29
Ukraine's National Broadcasting Board issues fine to Public Radio for 0% Urkainian songsWorld July 22, 5:39
Femen movement activists faces 5 years in jail for trying to frustrate summit meetingWorld July 22, 4:38
Russian Deputy PM dismisses allegations he will arrived in Moldova on warplaneRussian Politics & Diplomacy July 22, 2:46
Russian top diplomat shares his impressions from meeting with US leaderRussian Politics & Diplomacy July 21, 20:31
Lavrov bewildered US special services give no facts of Russia’s meddling in US electionRussian Politics & Diplomacy July 21, 19:46
Putin says USSR collapse had greatest impact on himSociety & Culture July 21, 18:37
ST. PETERSBURG, June 17. /TASS/. Rosneft is not afraid of competing with Saudi Arabia on oil prices, Chief Executive Officer of the Russian oil major Igor Sechin said on Friday at the St. Petersburg International Economic Forum (SPIEF).
"We should respond to the market situation, rather than to activity of Saudis. We are not giving up our positions neither in India nor in Indonesia. I think we will work everywhere. Europe is connected with us by sound infrastructure; we can demonstrate efficiency," Sechin said.
Mass media reported earlier Saudi Aramco is cutting prices for European consumers but increasing the same for the United States. The price reduction was associated with resumed Iran’s oil supplies to Europe.