Tuesday, July 30, 2019

Russian oil companies will not

Russian oil companies will not receive compensation for the decline in production

Russian oil companies will not be compensated for the decrease in production volumes.

"The question of a libokompensatsii did not come up," - said zhurnalistampress-sekretarprezidenta Russia Dmitry Peskov, speaking of the head of state meetings with the heads of Russian oil companies. Kremlin official pointed out that "in general, the rise in oil prices as a result of measures taken (by reducing production), an increase of every five dollars brings some additional revenue in the budget of the country, and for the oil companies themselves."

He recalled that "the theme of reduction of production volumes president consistent with all major leading oil companies, the president personally had contact."

The decision was made personally by the President on the basis of consensus, which was reached with the leaders of these oil sands kompaniyDmitry

December 2nd vice-president of "Lukoil" Leonid Fedun said he expects the payment of compensation by the Government of the Russian largest oil companies in connection with the reduction of oil production. "We still expect that there should be a special regulatory document, a government decree, which will be painted tasks for each oil producer. Perhaps offered some compensatory measures. As the freezing of oil production requires certain costs, so we dare to hope that some kind of compensation for the company will be in this direction ", - he said.

Fedun said that the company will fulfill any decision to reduce oil production, as "it correctly and economically beneficial for the country." At the same time for its implementation "will need at least one quarter."



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