Приклади вживання To reduce oil production Англійська мовою та їх переклад на Українською
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It also becameknown that Saudi Arabia intends December to reduce oil production.
Further terms of the transaction to reduce oil production in 2019 will be discussed today, December 6, at the OPEC meeting.
The representative of Oman said that theOPEC+ countries in August complied with an agreement to reduce oil production by 136%.
In December, OPEC+ countries agreed to reduce oil production by 1.2 million barrels.
At the end of 2016 11 OPEC and independent exporters, including Russia,have signed an agreement to reduce oil production.
Gulf countries have no intention to reduce oil production because they can withstand podeshevshannya oil to $20.
In late 2016, OPEC member-states and11 independent oil-exporting countries entered into an agreement to reduce oil production.
According to al-Rumhi, Russia at a meeting in Vienna, agreed to reduce oil production for a period of six months starting from January 2019.
At the end of 2016, OPEC and 11 independent oil-exporting countries, including Russia,entered into an agreement to reduce oil production.
Recall that at the end of 2018,OPEC countries and other oil exporters agreed to reduce oil production by 1.2 million barrels per day from January 2019 over a half year.
In late 2016, OPEC(the Organization of the Petroleum Exporting Countries) and 11 independent oil-exporting countries, including Russia,reached an agreement to reduce oil production.
Moscow is“courting” of Riyadh in the hope to continue an agreement to reduce oil production by members of the OPEC and the RF.
Qatar announced its withdrawal from OPEC soon after December 1, when Russian President Vladimir Putin after talks with the crown Prince of Saudi Arabia Mohammed bin Salman on the sidelines of the summit Big twenty in Argentinasaid that the countries agreed to extend the agreement to reduce oil production.
As reported OilNews, on November 30,2016 at the Ministerial summit of OPEC was decided to reduce oil production to 32,5 million barrel per day.
Saudi Arabia and Russia have agreed to extend the agreement to reduce oil production by the end of the first half of 2018, the"Oil and Gas Information Agency" reports referring to The Wall Street Journal.
OPEC+ countries are primarilyconcerned about the lack of obligations fulfillment under the deal to reduce oil production in Nigeria, Iraq and Kazakhstan.
Novak has visited virtually all themajor oil-exporting countries with the aim of persuading them to reduce oil production, in order if not to raise the price of oil, at least to fix it at a level of not less than 30 US dollars per barrel, otherwise the economic situation in Russia can rapidly deteriorate.
The leadership of the Ministry of Energy of the Russian Federation noted that the participants in the meeting havenot yet discussed the extension of the deal to reduce oil production for 2020.
The largest oil producers Russia andSaudi Arabia insist on extending the agreement to reduce oil production for another three months- until the end of June 2018.
The leadership of the Ministry of Energy of the Russian Federation noted that the participants in the meeting havenot yet discussed the extension of the deal to reduce oil production for 2020.
We will remind, on may 25 at a meeting in Vienna,OPEC members agreed to extend the agreement to reduce oil production in the nine months to the end of the first quarter of 2018.
According to two sources, the WSJ, the proposal to extend the deal to reduce oil production, Minister of energy of Saudi Arabia Khalid al-falih discussed with his Russian counterpart Alexander Novak in July, at a meeting in Saint Petersburg during the previous meeting of the Committee for monitoring the implementation of this agreement.
The countries of the Organization of countries-exporters of oil and partners(OPEC+) after hours of negotiation,agreed to reduce oil production in 2019 at 1.2 million barrels per day.
As enkorr reported, at the end of November 2016,the OPEC member countries signed an agreement in Vienna to reduce oil production by 1,2 million barrels per day in relationto October of the same year.
Note, the price for oil have grown after the OPEC+ came to a consensus on theneed to extend the period of the Vienna agreement to reduce oil production, which is valid until the end of March 2020.
The Russia- Saudi Arabia oil price war of 2020 is an economic war triggered in March 2020 bySaudi Arabia in response to Russia's refusal to reduce oil production in order to keep prices for oil at moderate level, since its consumption fell dramatically due to 2019- 20 coronavirus pandemic.
Note, the price for oil have grown after the OPEC+ came to a consensus on theneed to extend the period of the Vienna agreement to reduce oil production, which is valid until the end of March 2020.
Meanwhile, in the opinion of Andrei Tereshka, Deputy Director of the Department of Oil Production and Transportation of the Ministry of Energy ofthe Russian Federation, the extension of the deal to reduce oil production between residents and non-residents of OPEC in the long term could destabilize the market.
Earlier it was reported that OPEC would reduce oil production due to the“lagging” countries.