Finland, Russia have no serious problems in their relations — top diplomatWorld February 27, 21:49
Brazil's joyful carnivalSociety & Culture February 27, 21:30
Syrian opposition has no dialog partner seeking peace — chief negotiatorWorld February 27, 20:37
About 40 Arctic projects may be in Russia's Yamal backbone zone — governorBusiness & Economy February 27, 19:28
Russian Defense Ministry forms special purpose division near MoscowMilitary & Defense February 27, 19:13
Russian frigate in Mediterranean to deliver no strikes on terrorists in Syria — sourceMilitary & Defense February 27, 18:54
First stage of Arkhangelsk deepwater port to go operational by 2025Business & Economy February 27, 18:45
Cairo group says military option in Syria 'ruled out' after recapture of AleppoWorld February 27, 18:31
Communication breakdown between Russia and EU deters fight against real threats — MPRussian Politics & Diplomacy February 27, 17:40
MOSCOW, January 10. /TASSS/. Russia is meeting all obligations on reduction of oil production, Russian Presidents’ spokesman Dmitry Peskov said.
"There are agreements Russia is part of. Of course, the Russian party is meeting all the points of those agreements and the obligations it took," Peskov told reporters.
He did not give any specific examples of oil production cuts and recommended reporters to address the Energy Ministry.
On December 10, OPEC and non-OPEC countries signed the agreement on joint reduction of oil output at a meeting in Vienna. Also, 11 countries will join the announced cut by OPEC members of 1.164 mln barrels per day in the first half of next year, and reduce production by another 558,000 barrels per day. Thus, the total crude oil production cut will amount to 1.7-1.8 mln barrels per day.
Russia’s Energy Ministry received an invitation to a meeting of the ministerial committee for the control over oil production under OPEC, which will take place in Vienna on January21-22, a spokesman with the ministry told TASS.
The Ministerial Committee on monitoring of production was created under OPEC to control the implementation of the agreement on oil production cut by the countries of the cartel and independent producers. The committee is composed of five ministers, three from the OPEC countries (Kuwait, Venezuela and Algeria) and two from countries outside the organization (Russia and Oman).