Lukoil executive calls for voluntary cut to Russian oil production

Russian oil veteran says the industry should act to restore profitability of export sales and combat price dumping practices

Haircut: Lukoil vice president Leonid Fedun wants Russia to cut back its production to give value
Haircut: Lukoil vice president Leonid Fedun wants Russia to cut back its production to give valuePhoto: AFP/SCANPIX
Published 31 May 2022, 10:49Updated 31 May 2022, 10:49