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OPEC+ able to cover deficit on oil market, says Kazakh energy ministry

Vice Energy Minister of the Republic of Kazakhstan Murat Zhurebekov noted that a certain deficit of market supply was possible due to the fact the global economy was gradually recovering after the pandemic

TYUMEN, September 15. /TASS/. The deficit on the oil market is possible as the global economy withdraws from the pandemic-related restrictions, though OPEC+ countries are able to cover it, Vice Energy Minister of the Republic of Kazakhstan Murat Zhurebekov told TASS on the sidelines of the Tyumen Oil and Gas Forum.

"The decision that we took at OPEC+, is balanced," he said when commenting on the situation on the oil market, adding that the member states of the alliance have monthly meetings and can make a decision in line with the current situation at any moment.

"A certain deficit of market supply is possible due to the fact the global economy is gradually recovering after the pandemic. But OPEC+ has quite a stock of strength, which we can gradually put on the market to prevent a disbalance," Zhurebekov said.

Meanwhile, Kazakhstan may produce 85.5-86 mln tonnes of oil in 2021, he said, adding though that the plan is being revised due to the OPEC+ decision to increase output by 400,000 barrels per day each month. "So far, we project 85.5-86 mln tonnes of oil, though I should repeat that everything will depend on how fast our companies get to the [increased] production level," vice minister said.

Gazprom delivering 42.4 mln cubic meters of gas to Europe through Ukraine via Sudzha

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Russian military base may appear in CAR’s eastern region — President Touadera

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Court arrests another man accused of blowing up car of former SBU officer in Moscow

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Russian economy proves resilience amid large-scale sanctions — IMF

The IMF states that the restrictions led to the need to rebuild the economy

Russian air defenses down Ukrainian drone over Belgorod Region

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China’s Russian oil imports rise by 13% in first quarter of 2024 — customs

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Iran may target Israeli nuclear center in Dimona in case of Israel’s attack — TV

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Russia delivers 34 strikes on Ukrainian military infrastructure over week — top brass

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Russian investigators start inquiry into financing of terrorism by US, NATO officials

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FACTBOX: Collective Security Treaty Organization

The Collective Security Treaty came into force on April 20, 1994 to herald the emergence what would eventually become the Collective Security Treaty Organization. The six member-countries are Russia, Armenia, Belarus, Kazakhstan, Kyrgyzstan, Tajikistan

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Kremlin declines to comment on alleged assassination attempt on Zelensky in Poland

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Russia has significant amount of West’s funds in case of confiscation of its assets

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Russia’s Battlegroup West repels three attacks in past day, moving to better positions

Units of Battlegroup Center have improved their tactical positions

Russia’s advanced radar in Kaliningrad to monitor entire territory of Europe — source

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Israeli aviation strikes towns in Gaza Strip

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Kremlin spokesman offers condolences over death of Izvestia war correspondent

Dmitry Peskov pointed out that the Ukrainian armed forces were deliberately targeting Russian journalists

Founder of neo-Nazi cell in Crimea flees to Georgia — source

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Lavrov says Borrell let it slip that Europe ‘fighting against Russia’

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French president says creating Israeli-type air defense network for Ukraine impossible

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Izvestia correspondent Semyon Eremin killed in special operation zone

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North Korean agriculture committee’s delegation sets off on visit to Russia

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Number of flooded residential buildings in Russia drops to 16,200

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Ukrainian drone damages energy infrastructure in Russia’s Kaluga Region

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No plans for pauses in fighting if talks on Ukraine begin, Lavrov says

The Russian foreign minister emphasized that the situation on the ground had changed significantly

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Unidentified man attempts suicide outside courthouse where Trump trial is underway

The man set himself on fire

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Russian defense chief checks implementation of orders to develop drones

All the presented drones and payload were created from domestic composite materials and elements

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US House passes procedural vote on Ukraine aid bill

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Air defenses repel Ukrainian drone attack in Russia’s Smolensk Region — governor

Vasily Anokhin urged local residents to remain calm and refrain from filming air defenses in operation.

G7 leaders to decide on Russian assets use — Italian Deputy PM

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North Korea conducts new anti-aircraft missile test — KCNA

A power test of a super-large warhead designed for "Hwasal-1 Ra-3" strategic cruise missile was held as well

Two pilots of jet that crashed in southern Russia hospitalized

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Blast rocks military base south of Baghdad — Reuters

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Russia not to go for settlement on Ukraine based on 'Zelensky formula' — Lavrov

The top Russian diplomat referred to a swindling trick used by a thimblerigger who puts a small round object, such as a ball or pea, under one of three thimbles or cups and asks the player to guess under which the object is, while unfairly manipulating this object

Russian economy positively influences neighboring countries — Deputy PM

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Press review: Biden backs aid to Israel, Ukraine and Russia assets giving West legal fits

Top stories from the Russian press on Friday, April 19th

Lavrov labels way West ramping up sanctions against Russia as mindless

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West can’t comprehend Russia’s resilience — Lavrov

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North Korean leader arrives at public event in Aurus luxury car gifted by Putin

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Swiss parliament votes against joining task force on frozen Russian assets

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UN secretary general urges Azerbaijan, Armenia to normalize relations

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US 'not forgetting' to help itself with aid to Ukraine — Kremlin

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Explosions reported in several Ukrainian regions

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Russian Cabinet expands list of perfumery, cosmetic products subjected to import duty

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Israeli troops continue raids in West Bank — TV

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Russian instructors help train over 10,000 Central African troops — CAR president

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Three Ukrainian soldiers swim across Dnieper to surrender to Russian troops — governor

Vladimir Saldo called on other Ukrainian servicemen to switch to the Russian side and request the corresponding assistance

Moscow demands international organizations condemn killing of Russian war correspondent

Russian Foreign Ministry Spokeswoman Maria Zakharova also expressed condolences to Eremin’s family and friends

Ukrainian trace obvious in Crocus City Hall attack — Russian prosecutor general

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CIA chief says Ukraine could lose by end of this year — Politico

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American Abrams tanks vulnerable even to Soviet-era weapons, says expert

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BRICS’ expansion makes it much stronger — senior Russian diplomat

Egypt, Iran, the United Arab Emirates, Saudi Arabia, and Ethiopia, became full-fledged members of BRICS from January 1, 2024

Security guarantees on Ukraine did not apply to Crimea, Donbass — Lavrov

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US agrees to withdraw troops from Niger — Washington Post

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Ukrainians abroad storming embassies to avoid mobilization, Russian diplomat says

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Polish premier refuses to hand over his country’s Patriot systems to Ukraine

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Ukrainian shelling kills pregnant woman in Russia’s Belgorod Region — governor

Vyacheslav Gladkov added that the attack had shattered the windows of several houses and damaged their facades and roofs

Putin signs law on holding World Friendship Games

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West wants to make Transnistria hotbed of tension — Lavrov

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Kiev lacks both troops and equipment near Chasov Yar in DPR, says retired general

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World’s anti-doping agency WADA still waits for Russia’s 2023 financial contribution

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Russia ready for Ukraine talks, but not with Zelensky — Lavrov

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Sites for practicing ways to counter drones to be set up at all Russian testing grounds

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