Alexander Novak

Novak: gas price in 2022 may remain at high levels

The cost of gas in 2022 may remain at high levels, Russian Deputy Prime Minister Alexander Novak told Rossiya-24 TV channel in an interview on Friday. "The balance of supply and demand is such that the price for gas is quite high. …

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Kremlin: Novak works on OPEC +

Kremlin spokesman Dmitry Peskov stated that Russian President Vladimir Putin would not hold talks with his colleagues from OPEC+ countries. "The Russian side adheres to its obligations under the OPEC + agreement," RIA Novosti …

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Novak: oil market volatility remains low

Volatility in the oil market remains low, largely to the influence of OPEC+, Russia’s Deputy Prime Minister Alexander Novak said in an interview with CNBC on Thursday. "This volatility that we are witnessing in the gas market …

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Russia's Novak: volatility on oil market unlikely

The current prices and the demand/supply balance reflect the situation on the oil market, Russian Deputy Prime Minister Alexander Novak said at the Russian Energy Week on Thursday, adding that volatility on the oil market is unlikely. …

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Novak: Nord Stream 2 ready to be launched in coming days

Russian Deputy Prime Minister Alexander Novak said that Nord Stream 2 was technically ready to be launched in the coming days, but needed certification. "In the coming days, the operation of it can be launched, but in this case …

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Novak: Russia positive on oil market situation

Russia sees the improvement in the oil market situation but risks are still present because of new coronavirus strains’ spread, Deputy Prime Minister Alexander Novak said in an interview with the Rossiya-24 TV Channel after the OPEC+ …

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