Russia to strive for OPEC+ quota compliance — Novak
The Russian deputy prime minister said that he cannot give an exact date because there are many uncertainties and various factors involved
MOSCOW, October 14. /TASS/. Russia will aim to meet its oil production quota under the OPEC+ agreement to the extent possible, Russian Deputy Prime Minister Alexander Novak told reporters on the sidelines of Russian Energy Week.
"I cannot give an exact date because there are many uncertainties and various factors involved. We will strive to fulfill our obligations to the maximum extent based on our capabilities," he said.
According to the latest OPEC report, Russia reduced its oil production in September 2026 by 38,000 barrels per day (bpd) compared to August, bringing the total to 8.643 million bpd. Russian oil production in September was 1.306 million bpd below its quota.
The Russian Energy Week international forum is taking place in Moscow from October 14 to 16, supported by the Russian government, the Russian Energy Ministry, and the Moscow government. The forum is organized by the Roscongress Foundation. TASS is the information partner for Russian Energy Week.