UP

Lukoil: An oil embargo against Russia is impossible

Home page World
12 Punto 14 Punto 16 Punto 18 Punto
Lukoil: An oil embargo against Russia is impossible

Russia provides almost 10% of world oil production. It is impossible to replace this oil in the energy market without an explosion. Such an embargo is less convincing because it will shake the whole economic system.

Axar.az reports that the statement came from Lukoil Vice President Leonid Fedun. According to him, the refusal to buy Russian oil will be similar to the situation with Iran and will have a serious impact on the world economy:

Russia currently ranks second only to the United States in oil production. Of the 10.46 million barrels of oil it produces daily, 5 million are exported.

Date
2021.05.08 / 17:57
Author
Tural Azimzadeh
See also

Russia, Ukraine exchange remains of fallen soldiers

Russia captures of two settlements in Ukraine

Camilo Duran receives first Colombia call-up

Russian military losses updated on day 1667

Famous Turkish actor Munir Canan dies at 81

Turkish cargo ship attack sparks ICC complaint

Zelensky names new acting prosecutor general - Photo

Magnitude 2.8 earthquake hits northern Armenia

Trump meets with Armenian religious leaders in US

US denies visas to Palestinian delegation for second year

Latest
Xocalı soyqırımı — 1992-ci il Bağla
Bize yazin Bağla
ArxivBağla