© 2005–2026 ПАО НК «РуссНефть»

RUSSNEFT SEES NO PROBLEM WITH FURTHER OIL PRODUCTION CUT

18.05.2017 INTERFAX

Moscow. RussNeft is willing to cut down oil output in case of extension of the agreement between OPEC and non-OPEC countries, the company`s owner Mikhail Gutseriev said to journalists.

“No problem. We would keep freezing it further”, he said in response to the question what is the Company`s stance on the possible extension of the production cut agreement until March, 2018.

RussNeft reportedly fulfilled its obligations under the production cut agreement between the OPEC and non-OPEC countries by mid-April, having reduced the production by 560 tonnes per day to 19.08 thousand tonnes, since January.

More news

All Show all

RussNeft names winners of the 3rd Scientific and Technical Conference for Young Professionals

The professional panel of PJSC “RussNeft” has decided the winners of the Company`s Scientific and Technical Conference for Young Professionals.

RussNeft continues to implement educational projects for schoolchildren

PJSC “RussNeft” continues to implement educational projects. According to the company`s press service, schoolchildren from the regions where the company`s enterprises operate took part in an educational project implemented by the Company jointly with the Gubkin Russian Oil and Gas University since 2010.

RussNeft sums up the optimization program results

The key areas of the new initiatives are well repair, energy efficiency, industrial safety, and oil and gas transportation.