All news

Russia implements OPEC+ deal in full — Deputy Prime Minister

Alexander Novak added that the partnership of countries within OPEC+ encourages them to comply with the terms of the deal in full

MOSCOW, November 30. /TASS/. Russia is fulfilling its obligations under the OPEC+ deal in full, Russian Deputy Prime Minister Alexander Novak said in an interview with the Rossiya-24 TV channel.

"Russia fulfills its obligations in full. We have always been committed to this position. Other countries too, Saudi Arabia, first of all, as the largest exporter, fulfills the obligations that it has assumed in full. Countries that have taken voluntary obligations, fulfill them," he said, adding that the partnership of countries within OPEC+ encourages them to comply with the terms of the deal in full.

Earlier, Novak said that Russia had decided to increase the reduction in oil and fuel supplies from the current 300,000 barrels per day to 500,000 barrels per day. These measures will last until the end of March 2024.