OPEC it is necessary to weigh the need to reduce production in 2019, said Novak

© RIA Novosti / Evgeny to Odinakovymi in fotomancer of energy of Russia Alexander Novak. Archival photoOPEC it is necessary to weigh the need to reduce production in 2019, said Novak© RIA Novosti / Evgeny to Odinakovymi the image Bank

OPEC countries+ must use a balanced approach to the issue of possible reduction of oil production in 2019, and to carefully analyze the situation, in the case of a consolidated decision about the same time Russia will fulfill its obligations, told reporters Minister of energy of Russia Alexander Novak.

«We now need to look carefully at the market situation, to perform the execution of the agreement and a very balanced approach to take further steps to work together to continue to cooperate on stabilizing the market and making if necessary necessary decisions,» said Novak, answering the question about the possibility of OPEC making+ decisions on reduction of oil production.

«If such decisions are made in the interests of Russia, then Russia will be able to meet its obligations in the framework of the decisions taken. Russia has always played them,» added the Minister of energy of the Russian Federation.

OPEC it is necessary to weigh the need to reduce production in 2019, said Novak© RIA Novosti, Integratiebeleid in fotomonster and objectives of OPEC

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