February 13, 2018, by Dmitry Zhdannikov
LONDON (Reuters) – OPEC Secretary-General Mohammad Barkindo told CNBC on Tuesday he has President Vladimir Putin’s word that Russia will not flood the oil markets.
** Barkindo told CNBC: “I have had and received assurances both from (Energy Minister) Alexander Novak and President Putin that they would remain committed to the OPEC/non-OPEC collaboration under the declaration of cooperation.”
** Barkindo also said recent falls in the oil and stock markets were “just a blip”. “So the fundamentals are so strong we do not expect any hiccup along the way similar to what we had or we saw last year.”
Reporting by Dmitry Zhdannikov; Editing by Dale Hudson