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Media reports: Russia not planning to join OPEC

by ChemOrbis Editorial Team -
  • 08/09/2015 (17:12)
According to media reports, Russia is not planning to join the Organization of Petroleum Exporting Countries (OPEC). Kremlin spokesman Dmitry Peskov reported that Russia currently has contacts on the expert level with representatives from OPEC, but added that Russia’s joining OPEC is not on their agenda now.

Peskov also reported that Russia will not curb oil production in order to stabilize crude oil prices. Previously, Rosneft head Igor Sechin said that Russia’s inclusion into OPEC would not be an advantageous option for the country.
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