Petronas voluntarily cuts oil output in January

Baku. 21 December. REPORT.AZ/ Malaysian oil company "Petroliam Nasional Bhd." ( Petronas), announced its intention to cut oil production in January 2017.

Report informs referring to the company.

"Taking into account the current market conditions and forecasts, average daily production in 2016 is expected to cut by 20,000 barrels/day", the report says.