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Lukoil expects decision on whether to extend oil cut deal in March

Oil&Gas Materials 20 November 2019 15:21 (UTC +04:00)
Lukoil, Russia’s second largest oil producer, expects a decision in March on whether OPEC and its allies will extend a deal to curb oil output until the end of 2020
Lukoil expects decision on whether to extend oil cut deal in March

Lukoil, Russia’s second largest oil producer, expects a decision in March on whether OPEC and its allies will extend a deal to curb oil output until the end of 2020, the company’s CEO and biggest shareholder told reporters on Wednesday, Trend with reference to Reuters reports.

“It is going to be decided in March,” Vagit Alekperov said.

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