Russia’s Gazprom Neft says its plans are resistant to low oil prices

Shoaib Ur Rehman December 28, 2018

MOSCOW: Russian oil producer Gazprom Neft’s strategic plans are sustainable even at low oil prices, the company’s chief executive officer Alexander Dyukov said on Thursday.

In an interview with Rossiya-24 TV, Dyukov also said that Gazprom Neft’s has used an oil price of $50 per barrel in its plans for 2019 and company’s new strategy sees production rising faster than the market average.

Copyright Reuters, 2018
 

 

 

 

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