Russia’s Gazprom Neft says its plans are resistant to low oil prices

Russian oil producer Gazprom Neft’s strategic plans are sustainable even at low oil prices, the company’s chief executive officer Alexander Dyukov said on Thursday.

In an interview with Rossiya-24 TV, Dyukov also said that Gazprom Neft’s has used an oil price of $50 per barrel in its plans for 2019 and company’s new strategy sees production rising faster than the market average.