He noted that "the success of joint actions opened a new page in the interaction of OPEC countries and non-OPEC states."
“And this concerns not only ensuring market stability - new prospects are opening up for us for bilateral cooperation, technological interaction, the implementation of joint projects for the production, transportation and processing of hydrocarbons on the territory of the participating states and third countries,” TASS quotes the minister.
Earlier, Novak said that "oil will remain the leading source of energy for more than a decade."
In September, Stanislav Mitrakhovich, a leading expert of the Fund for National Energy Security and the Financial University under the Government of Russia, in an interview with FBA "Economics Today" assessed the situation on the oil market.