OPEC Secretary General plans to visit Russia

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Haytham al-Ghais, Secretary General of the Organization of Petroleum Exporting Countries (OPEC), said that he plans to visit the Russian Federation in October for the first time as the head of the organization. It has been reported TASS.

“I plan to visit Russia in October, probably for Energy Week (the international forum “Russian Energy Week” in Moscow),” said Haytham al-Ghais.

The international forum will be held from 11-13 October in Moscow at the Manezh Central Exhibition Hall.

Before that, Deputy Prime Minister of Russia Alexander Novak knowledgeableThat the Russian Federation voluntarily decided to reduce the level of oil exports abroad by 500 thousand barrels per day in August of this year.

On June 15, Russia’s First Deputy Energy Minister Pavel Sorokin said that Russia will fully comply with all its obligations under OPEC +, that is, in the form of voluntary reduction of oil production by 500,000 barrels per day.

Prior to that, in the June report of analysts from the International Energy Agency (IEA), it was reported that, according to the results of May this year, the estimated volume of revenues from Russia’s oil sales to foreign countries decreased by 1.4 billion dollars. In the last month of spring, Russian commodity exporters received a total of $13.3 billion, down 36 percent year on year.

Previously recognizedWhen oil prices drop to $50 a barrel.

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