IEA says Russia fulfills OPEC plus deal terms by 83% in May - News Archive - PRIME Business News Agency - All News Politics Economy Business Wire Financial Wire Oil Gas Chemical Industry Power Industry Metals Mining Pulp Paper Agro Commodities Transport Automobile Construction Real Estate Telecommunications Engineering Hi-Tech Consumer Goods Retail Calendar Our Features Interviews Opinions Press Releases

IEA says Russia fulfills OPEC plus deal terms by 83% in May

MOSCOW, Jun 13 (PRIME) -- Russia’s May production of liquid hydrocarbons have decreased by 250,000 barrels daily to 11.35 million barrels since October 2016, when an OPEC+ reduction deal came in force, meeting the terms of the agreement by 83%, the International Energy Agency (IEA) said in a report on Wednesday.

In April, Russia also fulfilled the terms of the deal by 83%, and compliance has amounted to 81% on average since the start of 2017.

The Russian Energy Ministry and the OPEC secretariat earlier warned that the IEA and OPEC use different calculation methods.

End

13.06.2018 12:09
 
 
Share |
To report an error select text and press Ctrl+Enter
 
 
Central Bank Official Rate
1W 1M 1Y
USD
EUR 74.9022 -0.6336 17 nov
USD 65.9931 -0.6228 17 nov
Stock Market Indices
1D 1W 1M 1Y
MICEX
rtsi 1134.93 +0.34 18:50 16 nov
micex 2372.67 -0.37 18:50 16 nov
Stock Quotes in RUR
1D 1W 1M 1Y
GAZP
gazp 153.16 -0.64 18:49 16 nov
lkoh 4824.00 -0.62 18:49 16 nov
rosn 420.85 -0.80 18:49 16 nov
sber 199.26 -0.44 18:49 16 nov
MICEX Ruble Trading
1D 1W 1M 1Y
USDTD
EURTD 74.9025 -0.2975 14:59 16 nov
USDTD 65.7225 -0.8775 17:44 16 nov