Russia Is Working to Keep Within OPEC+ Quota - Novak

Russia's Deputy Prime Minister Says He Cannot Give an Exact Date Because Several Uncertainties and Factors Are Involved

Moscow, October 14. /TASS/. Russian Deputy Prime Minister Alexander Novak told reporters on the sidelines of the Russian Energy Week: Russia will reach its oil production quota as much as possible under the OPEC+ agreement.

He said: I cannot announce an exact date because there are various uncertainties and factors involved in it.

According to the latest OPEC report, Russia cut its oil production in September 2026 by 38,000 bpd from August, bringing the total to 8.643 million bpd. Russia's oil production in September was 1.306 million barrels per day below its quota.

The Russian Energy Week international forum will be held in Moscow from October 14 to 16 with the support of the Russian government, the Russian Ministry of Energy and the Moscow government. The forum is organized by the Roscongress Foundation. TASS is the information partner of the Russian Energy Week.