He stated this at a press conference after the meeting of the OPEC + monitoring committee in online mode.

“In June, Russia's compliance with the deal amounted to 99%, we were committed to 100% full execution,” the minister said.

According to him, “as for August,” Russian companies initially built their schedules by agreement. Novak added that he “does not see a problem” so that this month there will be a proportional increase in production for all companies operating in Russia and implementing the agreement.

Novak said earlier that the implementation of the new phase of the OPEC + agreement, which involves easing restrictions on oil production since August, is fully consistent with current market trends.