Russia's Energy Minister on Spare Capacity
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Business
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Hard
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5 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What was the group's decision in June 2018 regarding oil output?
To stop oil production entirely
To increase output by 1,000,000 barrels
To maintain the current output levels
To decrease output by 1,000,000 barrels
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the short-term potential for extra oil production by the end of the year?
A couple of hundred thousand barrels
A million barrels
A few thousand barrels
No additional production
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What factors influence the long-term prospects for oil production?
The weather conditions
The availability of new technology
The overall policy of the country and stimuli for brownfields
The global oil prices
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which companies have the potential to increase their oil output?
Only foreign companies
All major Russian companies
Only small companies
Only new companies
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the role of Russian companies in the context of voluntary cuts?
They are exiting the market
They have significant output and growth potential
They have no role
They are reducing their output
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