Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News Editorials & Other Articles General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

Pete Ross Junior

(404 posts)
Tue Mar 28, 2023, 07:07 PM Mar 2023

Russia says it has rerouted all oil exports hit by Western embargo (Reuters)

But then they would say that, right?

Russia says it has rerouted all oil exports hit by Western embargo
Reuters (on their own site)

MOSCOW, March 28 (Reuters) - Russia has successfully redirected all its crude oil exports affected by Western sanctions over Ukraine to "friendly" countries, Energy Minister Nikolai Shulginov said on Tuesday, while still a decline in oil and gas output this year.

The West imposed wide-ranging sanctions, including an embargo on seaborne Russian oil imports, after Moscow sent its armed forces into Ukraine in February 2022.

"I can say today that we have managed to completely redirect the entire volume of exports affected by the embargo. There was no decrease in sales," Shulginov told an energy forum.

...

Shulginov said Russia had been working to reroute its oil and oil product exports to Asia, Africa, Latin America and the Middle East from its traditional markets in Europe.

India was the biggest buyer of Russia's benchmark Urals grade crude in March. Deliveries to India are set to account for more than 50% of all seaborne Urals exports this month, with China in second place.

...


3 replies = new reply since forum marked as read
Highlight: NoneDon't highlight anything 5 newestHighlight 5 most recent replies
Russia says it has rerouted all oil exports hit by Western embargo (Reuters) (Original Post) Pete Ross Junior Mar 2023 OP
Imagine the mess Putin made of the earth with everyday oil leaking a way of life. pwb Mar 2023 #1
Yeah, Sure ProfessorGAC Mar 2023 #2
And they're forced to sell it at a discount NickB79 Mar 2023 #3

pwb

(12,377 posts)
1. Imagine the mess Putin made of the earth with everyday oil leaking a way of life.
Tue Mar 28, 2023, 07:11 PM
Mar 2023

We see what he does to people.

ProfessorGAC

(74,798 posts)
2. Yeah, Sure
Tue Mar 28, 2023, 07:26 PM
Mar 2023

We already know they were heavily discounting so, they'd have been economically better off if they had stayed out of somebody else's country.
And, I don't accept anything Russia says.
Remember, during COVID they were reporting under a thousand cases a day AFTER they were forced to lockdown 2 major cities, and 2 uncensored reports came out about sick patients being treated in hospital closets.

Latest Discussions»General Discussion»Russia says it has rerout...