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OPEC downplays Russian rivalry in Asia as Kremlin looks east

Posted on 16 May 2014

Middle East crude producers played down the threat of a competitive battle with Russia over Asian markets at a Moscow energy conference on Thursday, even while Russian comments emphasized its push to the east.
Russian Prime Minister Dmitry Medvedev told ministers from OPEC countries including Saudi Arabia, Algeria, Iran and Kuwait and some former Soviet states at the 14th International Energy Forum that Moscow would play an active role in Asian markets………………………………………..Full Article: Source


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