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Putin Discusses Oil Production Freeze With Russian Energy Producers

© REUTERS / Sergei KarpukhinPump jacks are seen at the Lukoil company owned Imilorskoye oil field, as the sun sets, outside the West Siberian city of Kogalym, Russia, January 25, 2016
Pump jacks are seen at the Lukoil company owned Imilorskoye oil field, as the sun sets, outside the West Siberian city of Kogalym, Russia, January 25, 2016 - Sputnik International
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President Vladimir Putin on Tuesday discussed a proposal to freeze oil production at January levels at a meeting with oil industry officials and representatives of Russian oil companies.

A worker checks the valve of an oil pipe at the Lukoil company owned Imilorskoye oil field outside the West Siberian city of Kogalym, Russia, January 25, 2016 - Sputnik International
Russia
Russia Overtakes Saudi Arabia in Oil Output in December
MOSCOW (Sputnik) — In February, the energy ministers of Russia, Saudi Arabia, Venezuela and Qatar met in Doha, where they agreed to freeze their average monthly oil output throughout 2016 at January levels if other major energy producers followed suit.

The agreement was later supported by Ecuador, Algeria, Nigeria, Oman, Kuwait and the United Arab Emirates.

"The goal of our meeting today is for me to hear personally from you whether you support [the oil production freeze] and what is your opinion on this issue," Putin said at the opening of the meeting.

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