Russia discussing boosting oil supplies to Malaysia, including for neighboring countries

MOSCOW. May 14 (Interfax) - Russia is discussing boosting oil supplies to Malaysia, including for neighboring countries, Energy Minister Sergei Tsivilev told Interfax.

"We already have good cooperation. We are currently discussing expanding the cooperation. Both sides have agreed that we would support the work of our company to increase the volume of supplies to Malaysia, to create a hub for neighboring countries in Malaysia, among other matters," Tsivilev said.

Malaysia produced 343,000 barrels of oil per day in April, down 17,000 bpd from March and down nearly 60,000 bpd as permitted under the OPEC+ agreement, to which Malaysia is a party.