NEWSWATCH: “General Frost to the Rescue: cold helps Russia comply with OPEC deal” – Reuters

January 11, 2017 JRL Russia List Economy, Business, Investment, Trade, Environment, Oil, Gas, Energy

Map of Russia and Russian Flag adapted from images at state.gov

“… Russia … in the past … accused of dragging its feet in implementing oil production and exports deals, reduced production by 100,000 barrels a day in the first few days of January … a third of the way towards the total cut Russia promised to deliver by mid-2017. … [at least partly] the result [of] …unusually cold temperatures in Siberia …. Late last month and in early January, temperatures fell as low as minus 60 Celsius (minus 76 Fahrenheit) across Siberia, rendering metal brittle, causing power supply disruptions, halting cars’ engines and making it impossible for people to work outside in the open air. …”