Reports: Russia pledges to keep up oil output

MOSCOW

“We are not planning to cut the production in the next three years, but it may happen afterward if there is no investment in exploration and production,” he was quoted as saying by Interfax.

There is no point in putting a cap on exports either, according to Sechin:

“Exports have become more economically reasonable. So why cut it?” Interfax reported him as saying.

AP