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

Iran claims strike on U.S. base in Bahrain - Video

Russia used North Korean ballistic missile in strike

Erdogan pledges continued support for Lebanon

IRGC claims attack on U.S. base in Kuwait

Russia strikes Ukrainian ports and vessels

Iran confirms ongoing Oman talks on Hormuz

Russia extends fuel export restrictions

Banners welcome Aliyev to Kyrgyzstan - Photo

Russia downplays Pashinyan's EAEU remarks

Three IRGC members killed in US strike on Iran

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