Funeral ceremony for UN Ambassador Vitaly ChurkinRussian Politics & Diplomacy February 24, 10:35
Moscow appoints acting permanent representative to UN after Vitaly Churkin’s deathRussian Politics & Diplomacy February 24, 8:25
Pentagon wants more senior-level talks with Russia on security of flights in Syria — mediaWorld February 24, 8:15
IAAF approves application of three Russians to compete as neutral athletesSport February 24, 1:43
US lawmakers present no evidence of Russia’s interference in US election - Russian MPRussian Politics & Diplomacy February 23, 21:42
Russia to continue strengthen its Armed Forces - PutinRussian Politics & Diplomacy February 23, 21:37
4,000 Russian nationals fight among militants in Syria - PutinRussian Politics & Diplomacy February 23, 21:31
Opposition’s demand of Assad’s immediate resignation absurd - Russian envoy to GenevaRussian Politics & Diplomacy February 23, 16:34
Moscow celebrates Defender of the Fatherland DaySociety & Culture February 23, 16:19
MOSCOW, November 18. /TASS/. Russian oil supplies to Europe do not decline despite the interest of Europeans in Middle East oil, Deputy Minister of Energy Anatoly Yanovsky said on Wednesday.
"Certainly, we [the ministry and Russian oil companies - TASS] share opinions; we monitor the market situation. The issue requires special consideration. However, there is a market share and there are absolute volumes - our absolute volumes do not decline." Yanovsky said.
Several ways exist to compete with Middle East oil in Europe, the deputy minister said. "For example, diversification, including the one related to product range. This is exactly why decisions related to development of oil refining and petrochemistry were taken. These decisions were already made several years ago," he added.
TASS reported earlier Poland may sign an unprecedented contract on oil supplies with Saudi Arabia but it is not yet clear when it may occur. Polish PKN Orlen received the lot of 100,000 tonnes of oil from Saudi Arabia early in November. This may be the first step towards a long-term contract between two countries.