Putin: “Serious price hikes” in Russia’s fuel and energy complex should be avoided 21:02

Russian President Vladimir Putin has said that “serious price increases” in fuel energy should not be allowed. This has been reported TASS.

“The main task of the oil and gas industry, the entire domestic fuel and energy complex is to meet the needs of our country itself, the interests of our economy and the needs of all Russian consumers, both entrepreneurs, businesses and citizens,” said Putin.

According to the Russian leader, attention should be paid to the continuation of Russia’s gasification program in the Murmansk LNG project. At the same time, it is necessary to find a balance between the profitability of production as well as accessibility to industry and population. “These tasks need to be kept under constant control and resolved in dialogue with business,” he added.

Previously reportedAccording to the results of 2022, Russia increased its exports of fuel and energy complex (FEC) products to 591.5 billion dollars; This year, 21.5 billion dollars worth of fuel and energy products are sold to other countries every month.

Following the introduction of commodity sanctions and currency restrictions, China, India and Turkey became the main consumers of Russian fuel and energy products. For example, in January 2022, China purchased Russian fuel and energy products for $5.5 billion, and in June 2023 for $8.45 billion; In the same period, the cost of delivery to India increased from $0.65 billion to $4.32 billion.

previously reported Russia overtakes the USA For the supply of raw materials for crab sticks to Asia.



Source: Gazeta

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