Azerbaijan and Kazakhstan have denied that RussNeft was asked to cut oil production

© RIA Novosti / RIA to Novoshepelychi in fotosannette rigs in the Caspian sea in Azerbaijan. Archival photoAzerbaijan and Kazakhstan have denied that RussNeft was asked to cut oil production© RIA Novosti / RIA to Novoshepelychi the image Bank

Azerbaijan and Kazakhstan do not ask «RussNeft» and other oil companies of the family Gutseriev to cut production on their territory, told journalists the co-owner of «RussNeft» Mikhail Gutseriev.

«No, you didn’t. There is a small amount. If we produce 700 thousand (in the year in Kazakhstan — ed.) is ridiculous for Kazakhstan and Azerbaijan, which produce almost 60 million tons. This is for many of us, and for their market we don’t play any role», — said Gutseriev.

He recalled that the company reduces production on low-profit wells, increasing it by vikoristannya.

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