RussiaDepartment of EnergyMinister Shujinov announced at the Congress on the 15th that Russia would continue to cut crude oil and oil prices this year.natural gasYield.
The reduction in Russian energy production was partly due to Western sanctions taking effect slowly, the European Union reducing demand for Russian gas and imposing price caps, Reuters reported. Although Russia has been trying to sell crude to China and India, Moscow officials announced last month that it would cut crude output by 500,000 barrels per day from March in response to sanctions from Western countries.
According to the Russian state-run TASS news agency, Shuginov told the congress that he would voluntarily reduce crude oil production slightly in 2023. Russia’s natural gas production will also continue to grow, given the shrinking European market and changes in the global energy supply chain. to be reduced
International (translate to tag) Russia (T) Gas (T) Ministry of Energy
