When will Europe refuse from Russian oil?

19.05.2022,13:08


May 19, Fineko/abc.az. "Europe will not be able to refuse immediately from Russian oil and gas," ABC.AZ reports, citing Russian Deputy PM Alexander Novak.

"The statements are that "we" (Europe) will abandon Russian oil and gas - not immediately, but in some perspective, because it is impossible to immediately abandon it, since we have a fairly large share in the European energy market. We supply about 40% of gas from Europe's total consumption and about 20-25% of oil and petroleum products supplies," he said.