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7 months ago
Russian oil firms not seeking compensation for planned output cuts: Kremlin
December 7, 2016 / 9:39 AM / 7 months ago

Russian oil firms not seeking compensation for planned output cuts: Kremlin

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Kremlin spokesman Dmitry Peskov attends a news conference of Russian President Vladimir Putin and Laos' Prime Minister Thongloun Sisoulith following the Russia-ASEAN summit in Sochi, Russia, May 20, 2016.Sergei Karpukhin

MOSCOW (Reuters) - Russian oil firms have not sought financial compensation for planned output cuts under a deal with OPEC, Kremlin spokesman Dmitry Peskov said on Wednesday.

Russian Energy Minister Alexander Novak is expected to meet oil firms on Wednesday and a meeting between President Vladimir Putin and Russian oil executives is scheduled for Dec. 19.

Peskov also reiterated that the government still expected to receive proceeds from a Rosneft stake sale by Dec. 15, 2016.

Writing by Maria Kiselyova; Editing by Andrew Osborn

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