Alexander Novak
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Russia to Help in Iran's Energy Projects
EghtesadOnline: Energy Minister Reza Ardakanian arrived in Moscow Thursday for talks with his Russian counterpart Alexander Novak and follow up on a planned $5 billion loan from the government…
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Novak: Russia Complying With Deal to Cut Oil Output
EghtesadOnline: Russia is complying fully with its pledge to cut oil production gradually, Energy Minister Alexander Novak said on Monday.
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Novak: Uncertainty Clouding OPEC Decisions
EghtesadOnline: OPEC coalition decisions on further global oil market cooperation will be taken next week amid uncertainty over many factors impacting the industry, including Iranian crude export…
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Zanganeh, Novak Discuss Energy Coop. in Moscow
EghtesadOnline: Iran's Oil Minister Bijan Namdar Zanganeh met his Russian counterpart, Alexander Novak, in Moscow on Monday.
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Oil output could return to October 2016 level, says Russia's Novak
EghtesadOnline: A return to the oil production levels that were in place in October 2016, baseline for the current deal to cut output, is one of the options for easing curbs, Russia’s energy…
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Moscow to Ditch Dollar in Oil Trade
EghtesadOnline: Russian Energy Minister Alexander Novak said the country is considering an option of making oil payments in national currencies, particularly with Turkey and Iran.
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Russia again leaves everyone guessing on Iran deal
EghtesadOnline: Russian Energy Minister Alexander Novak says deliveries of Iranian crude to his country under the "oil-for-goods" program can start shortly.
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Iran, Russia finalizing ‘oil-for-goods’ deal: Novak
EghtesadOnline: Russian Energy Minister Alexander Novak says Iran can start within next month the deliveries of crude oil to Russia under the "oil-for-goods" program.
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Iran, Russia underline development of economic cooperation
EghtesadOnline: Chairman of of Iran-Russia Joint Economic Commission Mahmoud Vaezi and Minister of Energy of the Russian Federation Alexander Novak agreed to continue consultations for development…
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Iran, Russia sign ‘revised’ oil-for-goods deal
EghtesadOnline: Russia says it has signed a revised contract with Iran over a much-debated and long-delayed scheme to barter crude oil with goods and commodities.
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Iran has concrete agreement with Russia for purchase of 12 planes: Russian minister
EghtesadOnline: Russian Energy Minister Alexander Novak said there is already a concrete agreement between Russia and Iran for purchase of 12 planes.
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Russia may buy 5 million tons of Iran’s oil per year
EghtesadOnline: Moscow and Tehran may agree the terms of Russia’s purchases of 100,000 barrels of Iranian oil per day in the nearest future which amounts to about 5 million tons of oil per year,…
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Novak Confirms Russia to Buy Iranian Crude
EghtesadOnline: Russia has been in talks over buying oil from Iran, Energy Minister Alexander Novak said on Monday, confirming earlier reports.
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Russia eyes $20 billion in potential energy deals with Iran
EghtesadOnline: Russian Energy Minister Alexander Novak says Russia could potentially invest at around 20 billion dollars in Iran’s oil and natural gas production and exploration.
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Trade turnover between Russia, Iran surges 70% in 2016
EghtesadOnline: Trade turnover between Russia and Iran surged 70% year-on-year to $2.2 billion in 2016, Russian Energy Minister Alexander Novak said on Monday at the meeting with his Iranian…
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Russia to decide in April-May if global oil deal should be extended: TASS
EghtesadOnline: Russia will decided in April or May whether an agreement on global oil output cuts between OPEC and non-OPEC producers, set to end on June 31, should be extended, TASS news agency…
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Tehran, Moscow Explore Setting Up Islamic Bank
EghtesadOnline: Russia and Iran are exploring the establishment of an Islamic bank as the two countries expand economic cooperation, TASS news agency cited Russian Energy Minister Alexander Novak…
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Moscow willing to sell passenger plane to Iran
EghtesadOnline: Russian Minister of Energy Alexander Novak said on Tuesday that Russian Federation is willing to sell passenger plane 'Sukhoi Superjet 100' to Iran.
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Gazprom Signs Oil Deal With Iran as Russians Return in Force
EghtesadOnline: Russian companies including Gazprom PJSC signed a raft of initial agreements with Iran that could lead to contracts worth billions of dollars, as Energy Minister Alexander Novak…
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Russian Energy Minister Says Oil Cuts to Start in January
EghtesadOnline: Russia’s oil producers have started preparations to meet the nation’s pledge to curb output as part of the “historic” pact between OPEC and 11 producers outside the group, Energy…
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Russian energy minister due in Iran
EghtesadOnline: Russia’s Minister of Energy Alexander Novak will travel to Tehran December 13 to meet Iran’s Minister of Oil Bijan Zanganeh.
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Saudi Oil Minister Says No Need Now to Freeze Crude Output
EghtesadOnline: There is currently no need to limit oil output, Saudi Energy Minister Khalid Al-Falih said on Monday, after signing an energy agreement with his Russian counterpart Alexander…
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Russia Open to Cooperation With OPEC, Minister Tells Al-Awsat
EghtesadOnline: Russia is open for talks with other major oil producers on freezing output as the market is unlikely to balance until next year, Energy Minister Alexander Novak said in an interview…
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Russia and Iran Sign 70-Project Cooperation Deal
EghtesadOnline: Russia and Iran are to sign cooperation deal on more than 70 industrial projects, Russian Energy Minister Alexander Novak announced Friday.
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Russia Rules Out Coordination With OPEC
EghtesadOnline: Russian Energy Minister Alexander Novak said in a statement he has ruled out possible coordination with OPEC on oil output after a failed attempt to jointly maintain production…