Wednesday, January 18, 2017

Alekperov: freezing stabilized the oil market – Lead Economy

Print About the vision of prospects of the implementation of the agreement on the freezing of oil production the major oil-producing countries in an interview with TV channel “Russia 24″ at the Davos forum said the head of “LUKOIL” Vagit Alekperov.

EPA/YURI KOCHETKOV

According to him, the Davos area is unique, our company is a traditional participant in the discussions that take place here. This year most sessions have a social orientation, very active in the debate involved Russian Deputy Prime Minister Olga Golodets.

We are your energy club discussed possible investment in the oil and gas sector, colleagues of Russian energy companies are showing high interest. Investment activity is mainly associated with the stabilization of the oil market and the price of hydrocarbons.

with regard to the agreement on the freezing of oil, according to Alekperov, the first of the countries and are not members of OPEC came to a common understanding that we need to do something to stabilize the situation on the market.

All countries will adhere to the agreement, which has already had a positive impact on the growth of oil prices. In the second half of 2017 it will be clear how the market reacted. Oil reserves decline the last two years, said Alekperov.

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