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Russian oil firms not seeking compensation for planned output cuts - Kremlin

Reuters - UK Focus

MOSCOW, Dec (Shanghai: 600875.SS - news) 7 (Reuters) - Russian oil firms have not sought financial compensation for planned output cuts under a deal with OPEC, Kremlin (IOB: 0Q8D.IL - news) spokesman Dmitry Peskov said on Wednesday.

Russian Energy Minister Alexander Novak is expected to meet oil firms on Wednesday and a meeting between President Vladimir Putin and Russian oil executives is scheduled for Dec. 19.

Peskov also reiterated that the government still expected to receive proceeds from a Rosneft stake sale by Dec. 15, 2016. (Writing by Maria Kiselyova; Editing by Andrew Osborn)