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2016.12.1405:55:00UTC+00Lukoil to cut production in line with its share of Russian output

One of Russia's largest oil companies, Lukoil, will trim its oil output in line with its share of Russian crude production, Lukoil's vice president Ravil Maganov on Wednesday announced.

He made the remarks after a meeting between the country's energy ministry and Russian oil firms on how the agreement between the Organization of the Petroleum Exporting Countries and other countries on cutting output will be implemented.

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