Russia to send over 80% of oil exports, 75% of oil products to friendly countries in 2023
Business & Economy
February 13, 2023, 15:01
Alexander Novak recalled that Western countries gradually rejecting Russian oil "already caused instability on global oil markets"
MOSCOW, February 13. /TASS/. Russia intends to supply more than 80% of oil exports and 75% of oil products to friendly countries in 2023, Russian Deputy Prime Minister Alexander Novak said in the article for the Energy Policy magazine.
"We are still looking for and discovering new markets. This year, more than 80% of oil exports and 75% of oil products are expected to be supplied to friendly countries," he said.
Novak recalled that Western countries gradually rejecting Russian oil "already caused instability on global oil markets, as well as negative economic effects for the countries who imposed the limits. Brent oil reached a high of $125 per barrel and remained above $100 per barrel until the fall of last year."