DPR’s top diplomat accuses Kiev of undermining road map at Minsk talksWorld August 26, 11:09
Ukraine settlement talks begin in MinskWorld August 26, 10:38
Italy earthquake death toll soars to 267World August 26, 10:02
Kosovo: Europe's grey area used by criminals, extremists — ambassadorRussian Politics & Diplomacy August 26, 9:56
Sochi to be glad to host competitions for banned Paralympians — mayorSport August 26, 9:24
New strong earthquake hits central Italy’s AmatriceWorld August 26, 9:16
Ships of Black Sea Fleet, Caspian Flotilla put to sea within snap checkMilitary & Defense August 26, 8:29
One killed, four injured in explosion in Belgian Chimay cityWorld August 26, 4:07
Turkey creating "safe zone" in Jarablus areaWorld August 26, 3:41
MOSCOW, February 18. /TASS/. Agreements with OPEC do not exclude the growth of oil production in Russia in 2016 by 1.9%, Deputy Energy Minister Kirill Molodtsov said Thursday.
"As of January 11 we have recorded oil production growth of 1.9%. We have a tendency of production growth, and we can retain it. It is possible to increase production in connection with the introduction of new fields," he said.
Russia, Saudi Arabia, Qatar and Venezuela said that in 2016 they are ready to maintain their oil production at the level of January if other oil-producing countries (both members and non-members of the OPEC) join this initiative. Later, Kuwait agreed to join the initiative and maintain its oil production at the level of 3 million barrels per day. The United Arab Emirates and Iran have also voiced support for the initiative.