Page 1 - FSUOGM Week 31
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Issue 1087 05•August•2020 Week 31
Novatek reports on Q2 stress
Russia's Novatek has posted an unsurprisingly weaker set of numbers for the
second-quarter, but its CFO has stressed the company's strengths.
Russian oil tax row
The Kremlin may wade in to resolve a dispute between the finance ministry
and the oil industry over a $2.7bn shortfall in tax receipts.
urning on the taps
T
Russian producers are bringing back supply following the easing of OPEC+
cuts on August 1.
Kazakh oil output rises
Kazakh oil production grew by 2% in July, with the country narrowly
exceeding its OPEC+ quota.
