Russia to sell over 80% of oil to 'friendly' countries in 2023 - Novak

[beijingwalker]

Russia to sell over 80% of oil to 'friendly' countries in 2023 - Novak​

Reuters
February 13, 20236:01 PM GMT+8

Feb 13 (Reuters) - Russia plans to sell more than 80% of its oil exports to what it calls "friendly" countries in 2023, Deputy Prime Minister Alexander Novak said on Monday, referring to countries that have not sanctioned Moscow over its invasion of Ukraine.

He added that these countries would also receive 75% of Russia's refined oil products, and that Moscow continued to look for new markets.

Russia has stepped up discounted sales to China and India, in particular, since it was hit by Western sanctions and a G7 price cap designed to limit its ability to finance the war in Ukraine from oil revenues.

Novak also warned of uncertainty on global oil markets, saying Western countries from the OECD group, which includes the United States, Canada and Norway, could release their strategic oil reserves.

Russia to sell over 80% of oil to 'friendly' countries in 2023 - Novak

Russia plans to sell more than 80% of its oil exports to what it calls "friendly" countries in 2023, Deputy Prime Minister Alexander Novak said on Monday, referring to countries that have not sanctioned Moscow over its invasion of Ukraine.

www.reuters.com

 

[beijingwalker]

China is the world biggest oil importer and Russia is one of the biggest producers, perfect match. and two countries are neighbors so tons of transporation money can be saved due to the proximity.

 

[Sam6536]

India buys and refines it for domestic production and also sells it with a profit to the West.
Its a win-win situation neither US nor Russia is angry.

 

[beijingwalker]

India buys and refines it for domestic production and also sells it with a profit to the West.
Its a win-win situation neither US nor Russia is angry.

Same with China, China mainly imports crude oil, refines it, and resell it in the world market

China's diesel, gasoline exports surge in Dec on quotas, weak demand

China's diesel exports rose for a second month in December, while gasoline exports climbed for a third month, as the country's COVID outbreak limited domestic fuel demand, and refiners utilised their expanded yearly export quotas.

www.reuters.com

 

[SoulSpokesman]

@beijingwalker

Hopefully your taller than mountain friend is not included in Russia's list of friendly countries having shamelessly supplied weapons to Ukkkraine?

Regards

 

[beijingwalker]

@beijingwalker

Hopefully your taller than mountain friend is not included in Russia's list of friendly countries having shamelessly supplied weapons to Ukkkraine?

Regards

If true that'll be a big mistake. Today I saw sudden surge of tons of messages condemning this action all across the Chinese social media platforms, I hope it's not true.

https://www.toutiao.com/article/7199551417114772029/?channel=&source=search_tab

 

[Abdul Rehman Majeed]

@beijingwalker

Hopefully your taller than mountain friend is not included in Russia's list of friendly countries having shamelessly supplied weapons to Ukkkraine?

Regards

We do not need Russian oil.

We support our NATO and Ukranian brothers.

We will get the Oil from former Russia once Putin has been hanged in public and Russia has been balkanized.

 

[beijingwalker]

We support our NATO

Nato is never yours.

 

[SoulSpokesman]

@beijingwalker

I hope it's not true.

Your hopes are completely misplaced.

Regards

 

[lightning F57]

Pak needs cheaper fuel right now more than anything. Just shows the big blunders by this stupid regime. IK was doing the right thing agreeing cheaper Oil and Wheat.

 

[Abdul Rehman Majeed]

Nato is never yours.

We always stood with NATO.

Pak needs cheaper fuel right now more than anything. Just shows the big blunders by this stupid regime. IK was doing the right thing agreeing cheaper Oil and Wheat.

Once Russia gets balkanized, the winners will get the Russian bounty.

A lot of NATO standard weapons are now pouring in into Ukraine.

Russia will be balkanized by end of the year.

 

[StraightEdge]

We do not need Russian oil.

We support our NATO and Ukranian brothers.

We will get the Oil from former Russia once Putin has been hanged in public and Russia has been balkanized.

It will be funny when you won't be able to pay anything in few months time with no forex reserves left.

 

[Abdul Rehman Majeed]

It will be funny when you won't be able to pay anything in few months time with no forex reserves left.

Getting Oil is never a problem for us. We can always get it from GCC on defered payment.

 

[StraightEdge]

We always stood with NATO.

Shows the spine of the nation. The slave mentality never left Pakistan.

2011 NATO attack in Pakistan - Wikipedia
Drone strikes in Pakistan - Wikipedia

Getting Oil is never a problem for us. We can always get it from GCC on defered payment.

Must feel so proud getting oil without paying for it. I mean how exactly do you plan to pay for it? It's not like you are earning anything.

 

[truthseeker2010]

Meanwhile the so called 12th graders are dreaming of getting russian oil in begging bowl!