If the oil (price) stays at $50 for a long time, of course some projects will become less attractive and a small output decline may start. But we will not cut production on purpose, we could lose at maximum a 10th of output but more likely 300,000-400,000 bpd. There are no grounds for a bigger decline.

Arkady Dvorkovich

Arkady Vladimirovich Dvorkovich (Russian: ??????? ???????????? ?????????; born 26 March 1972) Dvorkovich is a Russian public servant and economist, who was appointed as Deputy Prime Minister in Dmitry Medvedev's Cabinet on 21 May 2012. He was previously an Assistant to the President of the Russian Federation since 13 May 2008 til May 2012. His father, Vladimir Dvorkovich, was an international chess arbiter.

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