Alexander Novak

Russia and Iran discuss oil and gas swaps, investment

Russia and Iran discuss oil and gas swaps, investment

Russia and Iran have discussed possible oil and gas swaps and investment in oil and gas projects, Russian Deputy Prime Minister Alexander Novak told reporters following a meeting with representatives of Iran's business community. …

Alexander Novak: we interested in North-South corridor

Alexander Novak: we interested in North-South corridor

The North-South transport corridor can become a key to the development of economic cooperation between Russia and Iran, Russian Deputy Prime Minister Alexander Novak said on Wednesday during the Iranian-Russian trade forum. …

Novak to visit Iran

Novak to visit Iran

Russian Deputy Prime Minister Alexander Novak will visit Iran in the near future, where he will meet with the republic's First Vice President Mohammad Mokhber, Deputy Foreign Minister for Economic Diplomacy Mehdi Safari said. …

Russia considers banning uranium exports to U.S.

Russia considers banning uranium exports to U.S.

Russia is considering the possibility of banning the export of uranium to the United States as part of Russia's response to sanctions, Russian Deputy Prime Minister Alexander Novak said at a meeting with the State Duma faction of the Liberal …

India buys up Russia's oil

India buys up Russia's oil

It turns out that the export of Russian oil to India has increased significantly, because Delhi maintains close trading ties with Moscow despite western sanctions

Russia warns West of $300 per barrel oil

Russia warns West of $300 per barrel oil

Western countries could face oil prices of over $300 per barrel and the possible closure of the main Russia-Germany gas pipeline if governments follow through on threats to cut energy supplies from Russia, Russian Deputy Prime Minister …

Novak: oil prices may remain at around $75 per barrel in 2022

Novak: oil prices may remain at around $75 per barrel in 2022

The oil price in 2022 may remain at $75 per barrel with the possibility of fluctuation around 10% in both directions, Russian Deputy Prime Minister Alexander Novak said an interview with the Rossiya-24 TV channel on Friday. "The …

Novak: gas price in 2022 may remain at high levels

Novak: gas price in 2022 may remain at high levels

The cost of gas in 2022 may remain at high levels, Russian Deputy Prime Minister Alexander Novak told Rossiya-24 TV channel in an interview on Friday. "The balance of supply and demand is such that the price for gas is quite high. …

Kremlin: Novak works on OPEC +

Kremlin: Novak works on OPEC +

Kremlin spokesman Dmitry Peskov stated that Russian President Vladimir Putin would not hold talks with his colleagues from OPEC+ countries. "The Russian side adheres to its obligations under the OPEC + agreement," RIA Novosti …

Russia and Kazakhstan agree on Russian electricity power export

Russia and Kazakhstan agree on Russian electricity power export

Russia and Kazakhstan have agreed on the export of Russian electricity power and terms of the supplies will be soon outlined by commercial companies, Russian Deputy Prime Minister Alexander Novak said. "We have reached an agreement …

Russia and Germany discuss new transit contract with Ukraine

Russia and Germany discuss new transit contract with Ukraine

Russia is already holding consultations with Germany on concluding a new contract for gas transit with Ukraine after 2024, Russian Deputy Prime Minister Alexander Novak told reporters on the sidelines of the Russian Energy Week. …

Novak: oil market volatility remains low

Novak: oil market volatility remains low

Volatility in the oil market remains low, largely to the influence of OPEC+, Russia’s Deputy Prime Minister Alexander Novak said in an interview with CNBC on Thursday. "This volatility that we are witnessing in the gas market …