Russian Oil Policy On Track as New Government Takes Shape

摘要

The reappointment this week of Alexander Novak as Russian energy minister in the cabinet of new Prime Minister Mikhail Mishustin indicates that Moscow's energy policy is going to stay largely on track. All major decisions will remain in the hands of the Kremlin, including Moscow's future participa- tion in the Opec-led production cut deal. Novak's keen awareness of this reality probably helped him keep his post.