Russia previously supplied almost no oil and oil products to India; Its share in exports increased to 40% within two years. About this on TV channel “Russia 24” Deputy Prime Minister Alexander Novak said:
According to him, Russia’s main partners were China, whose share increased to about 45-50%, and India, from which there were almost no supplies.
Also Novak’s registeredRussia previously supplied 40-45 percent of oil and oil products to European countries, and by the end of this year we are talking about only 4-5 percent.
Last week, First Deputy Prime Minister Andrey Belousov at the National Projects Council meeting statedHe said that Russia increased its crude oil exports by 7% to 250 million tons in 2023 compared to 2021, despite the sanctions imposed on the country and efforts to limit the purchase of Russian energy resources.
Previously recognizedWhen oil prices fall to $50 per barrel.