Deputy Prime Minister and former head of the Ministry of Energy Alexander Novak said that Russia minimized trade in dollars and euros with almost all countries and switched to agreements in rubles and national currencies. This was reported by TASS.
Novak emphasized that the transition to mutual agreements for energy resources in national currencies is a global trend.
Also Novak statedA global diversification of the gas industry is currently taking place in the Russian Federation.
This is before Novak reportedIt was stated that the Russian Federation is ready to increase the supply of petroleum products to Saudi Arabia. The Deputy Prime Minister stated that Moscow trusts the interaction of domestic companies in the field of artificial intelligence with Saudi Aramco. In early October, Russia and Saudi Arabia extended the agreement on voluntary cuts in oil production.
Formerly Central Bank named Factors preventing the strengthening of the ruble.