Gazprom Neft CEO and Management Board Chairman Alexander Dyukov said the company is set to boost hydrocarbon production in the upcoming year, with the scale of oil output contingent on the OPEC+ quota designated for Russia, TASS reported on Saturday.
Dyukov emphasized last year's production increase, pointing to the nation's reliance on OPEC+'s decision in determining oil production levels. While highlighting the effectiveness of the previously agreed-upon cuts, Dyukov expressed that with the spring season approaching and the subsequent rise in oil demand, there's currently no imperative need for further adjustments.