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Russian oil firms not seeking compensation for planned output cuts: Kremlin

Dec 7, 2016, 11:36 AM
News ID: 7390

EghtesadOnline: Russian oil firms have not sought financial compensation for planned output cuts under a deal with OPEC, Kremlin spokesman Dmitry Peskov said on Wednesday.

Russian Energy Minister Alexander Novak is expected to meet oil firms on Wednesday and a meeting between President Vladimir Putin and Russian oil executives is scheduled for Dec. 19, Reuters reported.

Peskov also reiterated that the government still expected to receive proceeds from a Rosneft stake sale by Dec. 15, 2016.