OREANDA-NEWS. In November, Russia fulfilled its obligations under the OPEC + deal to reduce oil production by 85%, and will strive to complete the transaction by 100% in December. This was reported to journalists by the head of the Ministry of Energy of the Russian Federation Alexander Novak. "We have reached the level of 195 thousand barrels per day (average for the month), that is, it is about 85% that the transaction is completed on the calculator", he said.

At the same time, Russia will focus on the completion of the deal in December in full. “We strive to complete the transaction to the full, at the level of 200-228 thousand. We have a good level of execution, taking into account the winter, given that condensate is also taken into account in these statistics”, he explained, answering the corresponding question.

Novak noted that so far Russia is forming its position on the deal for the upcoming meeting in Vienna. "I won't say anything now, we are still forming a position, it's usually voiced at a meeting, we will specifically discuss it there", he said.