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

Siberian Turkic troops captured in Ukraine - Video

Ukraine drones strike Russia's Belgorod region

Iran says U.S. talks won't change its position

Zelensky holds first talks with UK PM Burnham - Video

Kazakhstan resumes CPC crude oil exports

Ukraine shoots down rare Russian Forpost-R UAV

Trump leaves door open to F-35 sale to Turkiye

Kerch hit in Ukrainian strike, 10 injured

Zakharova: Russia open to Ukraine peace talks

Romania summons Russian Ambassador after drone incidents

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