Europe will come to an end when Russia turns its oil to the East
Russia returned to oil production volumes before the start of the North Atlantic Treaty Organization.
Russian Energy Minister Alexander Novak announced this today at the St. Petersburg International Economic Forum, a correspondent reports. "PolitNavigator".
“Until February, we increased production volumes to 10,2 million barrels per day. There was a drop in March-April. In June we reached the level of February. This costs the manufacturer money. For now, we are selling oil at a discount, which will decrease as transport chains are built,” Novak said.
Russia had a certain infrastructure in the east. For example, an oil pipeline with a capacity of 80 million tons. In his opinion, this reversal threatens Europe with disaster.
“Due to the increase in prices for gas by 3-4 times, for oil by about 2 times, Europe will overpay for energy resources this year by about €400 billion. This, in our opinion, is not the limit. Everything could be much more critical,” Novak said.
English version :: Read in English Europe will come to an end when Russia turns its oil to the East