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

Trump admin suspends Microsoft from green card program

Putin arrives in Turkmenistan for CIS summit

Celine Dion falls on stage during Paris concert - Video

IDF kills two Hamas commanders in Gaza strikes

Iran intensifies crackdown on protesters at home, abroad

International travelers visit Aghdam

Ukrainian military losses updated on 1,688th day of war

Fidan: Mecca defense pact is not an offensive agreement

Nine Syrians missing after drone sinks Black Sea ship

Indian actor Nana Patekar dies aged 75

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