Tag: Alexander Novak

  • Oil output reduction: Russia to create monitoring group

    Oil output reduction: Russia to create monitoring group

    Russia will create a monitoring group to ensure oil output reduction following the newly-clinched output cut pact between Organization of the Petroleum Exporting Countries (OPEC) and non-OPEC producers, Russian Energy Minister, Alexander Novak, said Sunday. “We will create a monitoring group inside the country at a meeting with our oil companies. The most important thing…