Russia's Energy Minister on Spare Capacity

Russia's Energy Minister on Spare Capacity

Assessment

Interactive Video

Business

University

Hard

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The transcript discusses oil production cuts, partner support, and production levels in August and October. It reviews the June 2018 agreement and its outcomes, including the recommendation for 100% conformity. The potential for increased production by the end of the year is explored, with a focus on short and long-term prospects. Government policies and proposals are considered for their impact on production, particularly in West Siberian fields. The potential for output growth among Russian companies is also highlighted.

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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the current status of the government's review of proposals related to oil production?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

Which companies are expected to increase their output according to the text?

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