“During 2022, according to my estimation.
By the end of the year, "- TASS quotes Novak's answer to the question about the restoration of oil demand.
At the same time, the level of energy prices is difficult to predict, Novak added.
“It will depend on demand, there is some uncertainty with it, it may decrease slightly.
In addition, we see that new waves of the spread of coronavirus are emerging, ”he explained.
Novak also said that the agenda of the OPEC + ministerial meeting on November 4 will be a plan to restore oil production by 400 thousand barrels per day.
Earlier, Alexander Novak said that oil and condensate production in Russia in 2021 could exceed 522 million tons.