"The fixed quota — 30 mln barrels per day — is fully taken up by the OPEC member-countries. Thus, if any of the countries raises its quota and in case OPEC wants to keep this quota production volumes should be redistributed within the organization. Much will depend on this as well — whether OPEC will redistribute inside it or whether it will engage additional volumes. Though there’s much uncertainty here in total we’re ready to it. And Russian oil companies are ready to compete," Novak said.
(ITAR-TASS)
