Fuel and energy

“The Russian oil industry has a high-quality resource base and a sufficient reserve of financial strength to remain competitive at any forecasted price level,” Alexander Novak said.

“Saudi Arabia and Russia are arguing over the price and flow of oil. That, and the Fake News, is the reason for the market drop!” US President wrote on Twitter.

In March their total volume will be 200 thousand tons.

Gas Transmission System Operator of Ukraine clamed that Kyivgaz has sabotaged the conclusion of an agreement for more than two months.

Ivica Dacic noted that attempts to put pressure on Belgrade “will remain unsuccessful.”

Vladimir Makei stated that Minsk sees no reason to continue working, since issues with oil supplies have not been resolved.

“I think it is very correct and adequate to sign a ten-year or twenty-year contract,” the Ministry of Energy of Ukraine Oleksiy Orzhel said.