MOSCOW, March 28. /TASS/. Dropping out orders for the supply of Russian oil will be replaced by contracts with the countries of Southeast Asia, Kremlin spokesman Dmitry Peskov told reporters on Monday.

This is how he commented on the statements of German Chancellor Olaf Scholz that Germany was going to completely abandon coal and oil imports from Russia. Scholz noted that this can be done very quickly. When asked how this decision can affect Russian oil revenues, especially if more countries follow the example of Germany, Peskov said:

"There is a market in Southeast Asia, in the east. Undoubtedly, falling out bids for oil will be compensated by bids from that Eastern direction."

The Kremlin official did not rule out that "some volumes will fall out" indeed.

"But in any case, we repeat it once again, after all, the world market is much more multifaceted than only the European one. Although, of course, the European market is top-grade," he said.

"There can be some "slack", but, again, some compensatory mechanisms will be activated," up the press secretary of the President of the Russian Federation summed up.

In March, the European Commission came up with a plan for the EU countries to reduce dependence on Russian gas supplies by 67% by the end of this year due to the situation in Ukraine.