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2019-09-03 13:20:00

RUSSIA: FULL COMPLIANCE WITH OPEC +

РОССИЯ: ПОЛНОЕ СООТВЕТСТВИЕ ОПЕК+

PLATTS - The Russian energy ministry said late Monday that Russia will fully comply with its obligations under the OPEC+ agreement in September, after August output rose above the target under the deal.

"Under the OPEC+ agreement in August, Russia's oil production cut level was 143,000 b/d compared to October 2018. However, at the end of August, the cut was at a level of 299,000 b/d," energy minister Alexander Novak said in a statement released by the ministry.

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