Turkey could be an alternative supplier of diesel fuel to Europe instead of Russia, but prices will be much higher than in Russia. About informs News7.
The embargo that the European Union (EU) will impose on diesel imports from Russia will lead to significant changes in the world’s supply routes. In this context, while Turkey uses Russian diesel in the domestic market, it can sell diesel to Europe at higher prices.
According to the publication, Europe is one of the regions most dependent on diesel in the world. The EU buys at least 500 million barrels of diesel each year, half of which comes from Russia.
The authors of the article pointed out that exports from the USA, Iraq and China and India, which increased their processing capacities, as well as the supply from Turkey, could increase.
25 January Dünya Newspaper columnist Kerim Ülker WroteThe cooperation agreement in the field of natural gas signed between Turkey and Bulgaria caused cautious reactions in Europe. The European Federation of Energy Traders (EFET) drew attention to the possible risks of discrimination against fuel consumers.
Source: Gazeta
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