The leaders of South Korea and the United Arab Emirates have said the two countries will seek opportunities to cooperate in the field of nuclear energy beyond their current collaboration on the Barakah nuclear power plant project. This will include opportunities in third countries.

IMF - Looking ahead, Armenia's growth is expected to moderate to about 4½ percent in 2019, reflecting a weaker global environment and copper prices, and remain in the 4-5 percent range over the medium term. CPI inflation is projected to gradually converge to the CBA’s target of 4 percent over the next two years, as one-off factors wane. The current account deficit is expected to gradually narrow to around 5 percent of GDP. The risks to the outlook are mainly external.

МИНЭНЕРГО РОССИИ - “Сегодня мы видим на рынке более-менее спокойную, стабильную ситуацию, невысокую волатильность и более-менее приемлемые цены, которые устраивают и экспортеров, и потребителей. Мы считаем, что благодаря сделке, в первую очередь, достигнута такая стабильность”, - подчеркнул Александр Новак.

REUTERS - Based on current market data, the so-called OPEC+ group is “likely to continue with the production cuts until the end of the year”, the source told Reuters.

OGJ - Saudi Aramco has signed a $10-billion agreement to form a joint venture with China North Industries Group Corp. (Norinco) and Panjin Sincen to develop a fully integrated, grassroots refining and petrochemical complex in Panjin, in China’s Liaoning province.

MEOG - The Abu Dhabi National Oil Company (ADNOC) has signed a multi-billion-dollar midstream pipeline infrastructure partnership with KKR and BlackRock. Through a newly formed entity, ADNOC Oil Pipelines, ADNOC will lease its interest in 18 pipelines for a 23-year period. ADNOC received upfront proceeds of $4bn from the transaction, which is expected to close in Q3 2019.

PLATTS - Russian President Vladimir Putin and Saudi King Salman bin Abdulaziz confirmed they are ready to continue cooperation on hydrocarbons during a phone call Tuesday, the Kremlin said in a statement.

ENA - The Abu Dhabi National Oil Company, ADNOC, announced that Fitch Ratings, Fitch, has assigned ADNOC Group a standalone credit rating of AA+. The rating, according to Fitch, highlights the company’s high upstream output and significant reserves, strong profitability, commercially-focused business model, downstream integration and conservative financial profile. The rating, Fitch said, sits at the upper boundary of the agency’s rating spectrum for all oil and gas companies.

МИНЭНЕРГО РОССИИ - «Нам удалось добиться значительных успехов в выполнении поручения руководителей наших стран об увеличении двустороннего товарооборота до 100 млрд долл. США: за прошлый год российско-турецкий товарооборот составил $25,6 млрд при экспорте $21,3 млрд и импорте $4,2 млрд. В общем, за 2018 год наш товарооборот увеличился на 15,7%», - рассказал Александр Новак.

МИНЭНЕРГО РОССИИ - особое внимание уделяется реализации проекта АЭС «Бушер», строительству международного транспортного коридора «Север – Юг», а также межрегиональному сотрудничеству.

PLATTS - "Our primary objective is to ensure that the oil market remains in balance throughout 2019 and beyond in order to build on the success of the past couple of years," added Barkindo.

PLATTS - OPEC has painted a bearish picture for 2019, with demand for its crude oil expected to fall due to weak demand growth and a sharp rise in output from producers outside the group.

REUTERS - OPEC Secretary-General Mohammad Barkindo said the exporting group was not in the business of fixing oil prices, when asked on Monday to comment on a U.S. House committee passing a bill targeting OPEC oil supply cuts.

PLATTS - OPEC pumped the fewest barrels since March 2015 in January, with crude output plunging to 30.86 million b/d, a fall of 970,000 b/d from December as new supply quotas went into force, according to an S&P Global Platts survey of industry officials, analysts and shipping data.

МИНЭНЕРГО РОССИИ - Александр Новак подчеркнул, что между странами ведется планомерная работа по укреплению нормативно-правовой базы двустороннего сотрудничества и расширению направлений взаимодействия. В ходе беседы также обсуждались крупнейшие энергетические проекты двух стран, в частности, газопровод “Турецкий поток” и АЭС “Аккую”, межрегиональное сотрудничество, кооперация в области сельского хозяйства. Особое внимание было уделено вопросам сотрудничества в сфере культуры и туризма в контексте планируемых в 2019 г. мероприятий по случаю организации Года культуры и туризма Россия-Турция.