“Friendly countries” account for 86% of oil exports in 2023, up from 40% in 2021, and 84% of petroleum product exports, down from 30% in 2021.
After the introduction of sanctions, Russia refocused the export of oil and petroleum products on new markets. Russian Deputy Prime Minister Alexander Novak announced this on Tuesday, February 20, at the Russian Forum, writes the Russian propaganda agency Interfax.
Novak’s presentation said “friendly countries” will account for 86% of oil exports in 2023, up from 40% in 2021, and 84% of petroleum product exports, up from 30 % in 2021.
“Earlier, Novak reported that the export of oil from Russia in 2023 reached 234.3 million tons, which is 3.3% less than a year earlier. The production of oil and gas condensate last year reached at 530.6 million tons, which is 0.9% lower than in 2022. Oil refining in 2023 reached 275 million tons,” the publication said.
It was earlier reported that 14 Russian oil tankers were stuck at sea due to US sanctions.
Russia’s oil fleet shrinks amid sanctions – media
New Correspondent.net on Telegram and WhatsApp. Subscribe to our channels Athletistic and WhatsApp
Source: korrespondent
I’m Liza Grey, an experienced news writer and author at the Buna Times. I specialize in writing about economic issues, with a focus on uncovering stories that have a positive impact on society. With over seven years of experience in the news industry, I am highly knowledgeable about current events and the ways in which they affect our daily lives.