Deputy Prime Minister Alexander Novak told reporters that it is difficult to maintain energy balance without Russian oil, therefore it continues to be in demand in the world market.
According to him, it should be noted with certainty that oil from Russia is in demand. Novak reminded that the country has a large share in total global exports. Under these conditions, it is difficult to maintain the energy balance in the world without Russian fuel.
The deputy prime minister also cited data on oil production and supply abroad. He stated that these figures in January correspond to the level of December 2022. These rates are maintained despite the West’s imposition of a price ceiling on energy supplies from Russia.
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