The CEO Igor Sechin said Russia National Oil Company won't cut the oil output.
2016-10-12
According to foreign media, Igor Sechin, Russia's most influential oil executive and the head of state-controlled energy giant Rosneft, said his company will not cap oil production as part of a possible agreement with OPEC.
"Why should we do it?" Sechin, known for his anti-OPEC position, told Reuters in Istanbul on Monday evening, when asked if Rosneft, which accounts for 40 percent of Russia's crude oil output, might cap its production.
