Cooperation with OPEC - Priority of Russian Energy Policy

Cooperation with the Organisation of Petroleum Exporting Countries (OPEC) is a priority of Russia's energy policy, said Russian Deputy Energy Minister Alexander Voronin, heading the delegation of observers at a regular OPEC conference in Vienna.

As Russia is one of the major oil producers and exporters, its interests and OPEC interests have much in common, said the Russian representative. Moscow is interested in the maintaining of "stability and predictability" in oil and other energy markets.

According to the head of the Russian delegation, the overcoming of crises, which can be caused by political risks in the next months, much depends on the level of cooperation between Russia, OPEC and other oil-exporting countries, which are not included in the cartel.