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Russia's Tatneft says wrong to raise oil output in April - TASS

Mon 23rd March, 2020 4:38pm
MOSCOW, March 23 (Reuters) - Boosting oil production in
April is not "expedient" due to the impact of the coronavirus
outbreak on the global energy market, the TASS news agency
reported the head of Russian oil producer Tatneft  TATN.MM  as
saying on Monday.  
    A deal between the Organization of the Petroleum Exporting
Countries (OPEC) and allies including Russia to cut global crude
oil output is due to expire at the end of March.  
    Nail Maganov was talking to reporters following a meeting at
the Russian energy ministry with domestic oil producers.

 (Reporting by Vladimir Soldatkin; Editing by Jan Harvey)
 ((vladimir.soldatkin@reuters.com; +7 495 775 12 42;))
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