The RF Ministry of Energy does not interfere into the competition of Russian companies in Europe with Middle East oil – Novak.

The RF Ministry of Energy saw no need to coordinate the actions of Russian oil companies to compete with Middle East oil in the European market, the RF Minister of Energy Aleksandr Novak stated at the Intergovernmental Commission with Saudi Arabia.

"As for the markets, the companies and business structures determine markets themselves. In this case, there is no special situation, coupled with the fact that in some way we coordinated the related work at the ministry level", - the official informs.