Novak announces increased investment to North Caucasus Federal District
Russia's Deputy Prime Minister Alexander Novak said that 2023 was a period of economic growth for the North Caucasian …
Alexander Novak
Russia to cut oil production by nearly 0.5 mln bpd
Russia plans to cut its oil production and export by an average of 471,000 barrels a day in the second quarter of 2024 as part of its voluntary commitments under the OPEC+ deal, Russian Deputy Prime Minister Alexander Novak said. …
Russia and Iran expand cooperation
The Iranian-Russian commission on economic cooperation was held in Tehran. The parties concluded 15 cooperation agreements in various fields.
Russia to launch satellite for Iran
Russian specialists have created a spacecraft for Iran, that will be sent into orbit tomorrow
Russia to ban gasoline exports from March 1
The Russian government plans to introduce a temporary ban on gasoline exports from March 1 to level up growing demand in spring and summer seasons, a spokesman of …
Russia and Türkiye to agree on gas hub in month
Türkiye plans to start negotiations with the Russian government on the project of the gas hub in Turkey in a month - in early February at the latest, the Russian media reported. Earlier, Russia's Deputy Prime Minister Alexander …
Novak hopes Turkey gas hub begins operating in 2024
Russian Deputy Prime Minister Alexander Novak said that the gas hub in Turkey could start operating in 2024. "Today it is …
What oil market anticipating in 2024?
Russian Deputy Prime Minister Alexander Novak expects the Brent oil price at $80-$85 per barrel next year, broadly in line with current levels.. He told Rossiya-24 state TV that Russia expects that the export of oil and petroleum …
Russia and China to expand energy resources trade
China will contribute to enhancing the resilience of energy supply chains jointly with Russia and help propel the bilateral strategic partnership in a new era, vice premier of the State Council of the People’s Republic of China Ding …
Russia and Iran to agree on free trade zone
An interstate agreement between Russia and Iran will be signed soon, an agreement on a free trade zone with the EAEU will be signed in December, …
Russia and Türkiye discuss gas supplies and energy cooperation
Russia's Deputy Prime Minister Alexander Novak held talks with Türkiye's Minister of Energy and Natural Resources Alparslan Bayraktar in Ankara yesterday, the Russian government reported. "The …
Moscow, Baku duscuss oil refining
Russian oil may be processed by Azerbaijani oil refineries. A preliminary agreement was reached during the negotiations by Russian Deputy Prime Minister Alexander Novak and the head of the Azerbaijani Ministry of Economy, Mikail Jabbarov
Russia studying possibility of shipping petroleum products to Turkey and Uzbekistan
The Russian Energy Ministry and Tatneft will consider the issue of developing intergovernmental agreements with Turkey and Uzbekistan on the supply …
Gas hub in Iran: Gazprom to explore issue
Gazprom will explore the issue of potentially creating a gas hub in Iran, Russian Deputy Prime Minister Alexander Novak said, adding that Moscow will participate in the project if it turns potentially good. "I think …
Roadmap for gas hub under discussion in Ankara
Alexander Novak said that the prepared roadmap for creating a gas hub was under consideration. The project is now being considered by Turkish partners.
Moscow and Baku discuss oil pipeline expansion
Russia proposes to expand the Tikhoretsk-Baku pipeline and send up to 4 million tons of oil to Baku annually. Novak discussed this issue with the head of the Ministry of Energy of Azerbaijan.
Novak: attack on Israel to affect energy market
The escalation of the situation in the Middle East may affect the global energy market, Russian Deputy Prime Minister Alexander Novak said. "We obviously discuss those issues. Any such events in the world may somehow …
No fuel shortage in Russia, Novak says
There is no fuel shortage in Russia, its production has increased
Russia, OPEC+ agree to cut oil production
Russia, OPEC + agreed to reduce oil supplies
Airport may be opened in Karachay-Cherkessia
Alexander Novak instructed to analyze such a possibility
