Gazprom Neft is poised to fulfill its obligations under the April quota of the OPEC agreement on oil production cuts by the close of the month, CEO Alexander Dyukov informed journalists.
'The Ministry of Energy traditionally communicates the quota to us, and we proceed to implement it accordingly. Our plan is to achieve the required volumes of production cuts by the month's end,' Dyukov stated. During the April 3 meeting of the Joint Ministerial Monitoring Committee of the
has agreed to voluntarily cut oil production by a combined total of 2.2 million barrels per day since during the first quarter of 2024. This concerted effort is aimed at restoring equilibrium to the oil market. arrangement. Such adherence from Russia is crucial in
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