Putin to meet with management of Russian oil companies – media

12:58, 29 February 2016
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Russian President Vladimir Putin plans to hold a meeting with the management of Russian major oil companies on March 1, Russian newspaper Vedomosti reported, citing one of the participants of the meeting and an unidentified government official.


According to the sources, the meeting does not have a specific agenda, however, it will likely focus on freezing or reducing the oil output, as well as taxation issues in the industry.

No specific decisions are expected to be taken during the meeting, the source told the newspaper. According to it, representatives of the Russian Finance Ministry have not been invited for the meeting, therefore any specific decisions on changes in the taxation regime regarding the industry will not be adopted. Another source told the newspaper that the Russian president might discuss issues relating to the oil output freeze, which has already been discussed by members of the Organization of the Petroleum Exporting Countries.

Putin's spokesman Dmitry Peskov earlier confirmed the president's meeting with oil industry leaders, without specifying the date of such meeting.

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