Russia's Gazprom Neft: it's too early to decide on OPEC+ quotas - TV

Organization of the Petroleum Exporting Countries (OPEC) and its allies including Russia, a grouping known as OPEC+, are due to meet in Vienna over March 5-6.

Maria Grabar, Reuters News

February 26, 2020

MOSCOW- Russia's Gazprom Neft CEO Alexander Dyukov said in an interview with Rossiya 24 TV on Wednesday:

* The impact of coronavirus on the global oil market still needs to be assessed and it would be better if the OPEC+ takes any decision on possible change of production quotas a bit later;

* A quick reaction to various factors may bring additional destabilisation in the global oil market;

* From Dyukov's point of view, as of now it is necessary to monitor the market.

* The Organization of the Petroleum Exporting Countries (OPEC) and its allies including Russia, a grouping known as OPEC+, are due to meet in Vienna over March 5-6.

(Reporting by Maria Grabar; writing by Polina Devitt; editing by Louise Heavens) ((Polina.Devitt@thomsonreuters.com; +7 495 775 12 42; Reuters Messaging: polina.devitt.reuters.com@reuters.net))