Putin on OPEC+ decision at meeting with UAE president: Our actions aimed at stability on global energy market, rather than creation of problems for anyone

MOSCOW. Oct 11 (Interfax) - The decision of OPEC+ to cut oil production quotas by 2 million barrels a day aims at stability on global energy markets, rather than the creation of problems for anyone, Russian President Vladimir Putin said at a meeting with his UAE counterpart Sheikh Mohamed bin Zayed Al Nahyan.

"I am aware of your stance [on the decision of OPEC+]. Our actions, our decisions are not targeting anyone. We are not going to and are not doing anything to create problems for anyone," Putin said.

"Our decisions are not targeting anyone, we are not doing anything to create problems for anyone," he said.

"The goal of our actions is to achieve stability on global energy markets so that consumers, producers and suppliers of energy to global markets feel calm, stable, and confident. So that the supply and the demand are balanced. We always respond to market needs and are trying to act adequately to the unfolding events," Putin said.