Russia Aims to Keep OPEC+ Pledge, But Has New Excuse to Break It
- Novak says Russia is trying to meet output target in November
- Minister blames rising gas condensate flow for missing goal
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Russia offered yet another explanation for why its oil production may exceed its OPEC+ target for November, months after promising to improve the country’s lax implementation of output cuts.
“We’re trying to reach the planned level,” Energy Minister Alexander Novak told reporters in Moscow on Wednesday. “There are certain nuances that, as we’ve said before, have an impact during winter season.”