December 14, 2016 / 8:50 AM / 9 months ago

Lukoil says to cut production in line with its share of Russian output

MOSCOW, Dec 14 (Reuters) - Russian oil company Lukoil will cut its output in proportion with its share of Russian crude production, the firm’s vice president, Ravil Maganov, said on Wednesday.

Maganov was speaking after a meeting between Russian oil companies and the energy ministry on how they will implement an agreement between OPEC and other oil exporting nations on cutting exports. (Reporting by Vladimir Soldatkin; Writing by Christian Lowe; Editing by Maria Kiselyova)

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