Gazprom discussing extension of gas contracts with Turkey
Gazprom is discussing gas contracts with its Turkish partners and the possibility of extending them into next year, Russian Deputy Prime Minister Alexander Novak said.
Alexander Novak
Russia preparing for nuclear plant tender in Saudi Arabia
The Russian state nuclear corporation Rosatom is currently preparing tender documents for a nuclear power plant in Saudi Arabia, Russian Deputy Prime Minister Alexander Novak said.
Novak: Russia offers Saudi Arabia energy cooperation
Russia is prepared to offer Saudi Arabia its products and technologies in the field of oil and gas equipment, metallurgy, and a number of other industries, Russian Deputy Prime Minister …
Russia ready to maintain stability in global oil market
The global oil market remains sensitive to demand-supply fluctuations and OPEC+ nations will take additional measures to maintain its stability, Russian Deputy Prime Minister Alexander Novak said.
Shahin Mustafayev and Alexander Novak meet in Baku
Azerbaijan's Deputy Prime Minister Shahin Mustafayev met with Russia's Deputy Chairman Alexander Novak on November 26 in Baku, the Azerbaijani Cabinet of Ministers reported.
Russia warns of risk of oil shortage
Russia sees global oil demand increasing, and in 2025 it is expected to reach 104.6 mln barrels per day, but in 2024, it amounted to roughly 1.3 mln barrels per day, Russian Deputy Prime Minister Alexander Novak said at the 7th Russia-China Energy Business Forum in Beijing.
Russia may develop 22 oil fields in Tajikistan
Russia may initiate development of 22 new oil fields in Tajikistan, following discussions between Russian Deputy Prime Minister Alexander Novak and Tajik Energy Minister Daler Juma.
Novak reveals Russian gas market share in Europe
The share of Russian gas in Europe's energy balance still remains around 19%, despite EU restrictions, Russian Deputy Prime Minister Alexander Novak said at the Russian Energy Week.
Alexander Novak and Yunus-Bek Yevkurov hold talks in Damascus
A Russian delegation led by Deputy Prime Minister Alexander Novak arrived today in Damascus, SANA reported.
Novak backs gasoline export ban for producers in September
Russian Deputy Prime Minister Alexander Novak supported the proposal of the Russian Ministry of Energy to extend the gasoline export ban for the entire month of September for producers and until the end of October for non-producers, the Cabinet said.
Novak and Saudi Energy Minister discuss Moscow-Riyadh cooperation
Russian Deputy Prime Minister Alexander Novak has met with Co-Chairman of the Russian-Saudi Intergovernmental Commission on Trade, Economic, Scientific and Technical Cooperation, Saudi Arabian Energy Minister Prince Abdulaziz bin Salman Al Saud during a working visit to Saudi Arabia.
Novak predicts key rate cut
The high key rate of the Bank of Russia is temporary and the current monetary policy will soften next to inflation downward trend, Russian Deputy Prime Minister Alexander Novak said at the Caucasus Investment Forum.
Novak: Caspian Sea – future tourist attraction
According to Alexander Novak, the Caucasus has the potential to become a world-class resort. He called the Caspian Sea a future tourist hotspot.
Novak and Bahrein’s oil minister discuss OPEC+ cooperation
Russia's Deputy Prime Minister Alexander Novak and Bahrein's Oil Minister Mohammed bin Mubarak Bin Dainah have discussed energy supplies …
Russia to build up oil supplies to China
Russia is ready to increase oil supplies to China via Kazakhstan by 2.5 million tons, Russian Deputy Prime Minister Alexander Novak said. "This is a proposal from the Chinese side, and, accordingly, we are ready to …
Moscow, Riyadh, Astana confirm their commitment to reduce oil production
The commitment was confirmed by representatives of the three countries
Russia discusses oil market with Iraq and Saudi Arabia
During his trip to Baghdad, the Russian Deputy Prime Minister met with the Iraqi and Saudi Arabian Ministers of Energy. The meeting focused on the situation on the oil market
Novak explains how 21% rate affected inflation
The results of the increase in the key rate in Russia are already noticeable, Novak shared. The increase in the rate helped to bring down the growing inflation.
Novak: Moscow and Baku mull new projects on Caspian offshore zone
Russia and Azerbaijan are considering the possibility of implementing new joint projects, including in the offshore zone of the Caspian Sea, Russia's Deputy Prime Minister Alexander Novak said. "Basically, there …
Russia continues oil supplies to Hungary and Slovakia
Russia continues to supply supplies to Hungary and Slovakia. Moscow is interested in continuing supplies through the Druzhba. The Czech Republic has never abandoned Russian oil supplies either.
