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Saturday, May 21, 2022

Russian energy ministry – all agreements on output freeze are voluntary

KRASNOYARSK, Russia (Reuters) – Russian Deputy Energy Minister Anatoly Yanovsky said on Saturday that all agreements between world oil powers on freezing crude production are voluntary and that he couldn’t imagine a mechanism for controlling the production freeze.

Yanovsky also said at an economic conference in Krasnoyarsk that Russia granting a loan to Iran did not depend on the talks on freezing production and that an anti-monopoly case in Europe against state gas giant Gazprom (GAZP.MM) was politicised.

(Reporting by Olesya Astakhova; Writing by Alexander Winning)

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