OREANDA-NEWS  OPEC+ has allowed for a powerful flow of investment in the oil industry, although no one had previously believed that a deal was even possible, Kirill Dmitriev, head of the Russian Direct Investment Fund (RDIF) and special presidential envoy for investment and economic cooperation with foreign countries, said at SPIEF.

"We believe that it was OPEC+ that allowed us to ensure a very powerful flow of investment (in the oil industry - ed.), which would not have existed if there had not been an OPEC+ deal. It is important to remember here that at first no one believed that an OPEC+ deal was possible," he said at the Global Energy Systems session.: how the global energy sector reacts to challenges and risks."

This year, the St. Petersburg International Economic Forum is taking place from June 3-6. RIA Novosti is the general information partner of the SPIEF.