The Organization of the Petroleum Exporting Countries and its allies, known as OPEC+, may consider wrapping up its oil output reduction pact “this year”, Russia’s energy ministry said on Dec. 27 referring to 2020 and citing Energy Minister Alexander Novak.
Reuters: Novak – OPEC+ might consider wrapping up pact in 2020
(L-R) European Commission vice-president Maros Sefcovic, Russia's Minister of Energy Alexander Novak and Ukrainian Minister of Energy and Environmental Protection Oleksiy Orzhel address the media after talks between European Union (EU), Russia and Ukraine on new gas transit deal on Dec. 19, 2019 at the German Federal Ministry for Economic Affairs and Energy in Berlin.
