UP

Axar.Az Logo

AZ RU EN آذ فا
First Lady watched 'Thikra: Night of Remembering' production
Three Ukrainians rescued from Romanian mountains
China unveils plan for crewed Moon landing before 2030

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
Share
See also

Three Ukrainians rescued from Romanian mountains

Yotova takes lead in Bulgaria's presidential runoff

Gen Z protests in Germany turn violent, dozens arrested

Four killed, around 15 injured in three shootings in Dallas

Gargash: Another regional confrontation must be avoided

Another Galatasaray board member resigns

Magnitude 5.6 earthquake strikes off Taiwan

Latvia takes UN Security Council presidency for first time

One killed, eight wounded in Alabama mass shooting

87 migrants detained in operations near Izmir in Turkiye

Latest
TERMS OF USEAll rights reserved. When using a material link is required. When using the material on the internet pages of the corresponding transition is required.

COMMUNICATION WITH US Baku city, Binagadi district, street S.S.Akhundov
(+994 12) 464-61-74, 464-61-75, 464-61-76
[email protected]
For reklam: [email protected]

www.axar.az - 2026
Xocalı soyqırımı — 1992-ci il Bağla
Bize yazin Bağla
ArxivBağla