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Russia starts phased reduction of oil production

Russia starts phased reduction of oil production
13.01.2017 15:30
Russia is performing its obligations within the framework of agreements with OPEC and non-OPEC countries and started phased contraction of oil production, TASS quoted Russia’s Energy Minister Alexander Novak as saying Jan. 12.

"Russia is honoring its obligations, we started phased reduction of [oil] production," Novak told reporters.

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