MOSCOW: Vagit Alekperov, the CEO of Russia’s No.2 oil producer Lukoil, told Russian state TV broadcaster Rossiya-24 in an interview aired on Tuesday that Lukoil’s investment programme for 2017 based on the oil price of $40 per barrel. He also said Lukoil’s oil production in Russia seen flat, at 84-85 million tonnes, in 2017-18, while 2016 net profit could decline from 2015 by 35-40 percent. A Lukoil spokesman said the interview was taken a few weeks ago.
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Shippers expect the coronavirus outbreak to have the greatest effect on farm product exports, notably fresh fruits and vegetables, with...