- Sputnik International, 1920, 24.01.2023
Find top stories and features from Asia and the Pacific region. Keep updated on major political stories and analyses from Asia and the Pacific. All you want to know about China, Japan, North and South Korea, India and Pakistan, Southeast Asia and Oceania.

Russian Oil Companies Find New Buyers, Increase Exports to Asia-Pacific

© Sputnik / Rian PhotoEmployees of the oil company "Rosneft" started drilling the most northern on the Russian Arctic shelf wells "Central Olginskaya-1"
Employees of the oil company Rosneft started drilling the most northern on the Russian Arctic shelf wells Central Olginskaya-1 - Sputnik International, 1920, 09.05.2022
MOSCOW (Sputnik) - Russian oil companies are looking for new markets, finding new buyers and increasing exports to the Asia-Pacific region, Russian Deputy Prime Minister Alexander Novak said on Monday.
"They [companies] are obviously searching for new directions, creating new supply chains. We see that there are clearly new buyers, as indicated by rising volumes to suppliers in different areas, including the Asia-Pacific region," Novak told reporters without naming specific countries.
He also noted that issues with finding new partners are handled by the companies themselves.
Saudi Aramco engineers and journalists look at the Hawiyah Natural Gas Liquids Recovery Plant, which is designed to process 4.0 billion standard cubic feet per day of sweet gas, a natural gas that does not contain significant amounts of hydrogen sulfide, in Hawiyah, in the Eastern Province of Saudi Arabia, June 28, 2021. - Sputnik International, 1920, 07.05.2022
OPEC Won't Boost Oil Production to Help the West Contain Rising Energy Prices - Report
On February 24, Russia launched a military operation in Ukraine after the breakaway republics of Donetsk and Luhansk appealed for help in defending themselves against Ukrainian aggression. In response, the United States has banned the imports of Russian oil and has been urging its allies, including Europe, to do the same.
In April, the European Union agreed on the fifth package of Russian sanctions over Ukraine, which included a ban on access to EU ports for ships, including tankers, under the Russian flag. However, according to Die Welt, Russia was able to circumvent the ban with the help of Greek shipowners as 76 out of 190 tankers at four Russian oil terminals were carrying the Greek flag in April.
Last week, the European Commission President Ursula von der Leyen presented the sixth package of sanctions that suggests banning Russian oil imports.
To participate in the discussion
log in or register
Заголовок открываемого материала