Putin sees Russia oil flows to China, India ‘growing noticeably’

22/6/2022 5:28:00 PM

OIL & GAS: Putin sees Russia oil flows to China, India ‘growing noticeably’ - Bloomberg

OIL & GAS: Putin sees Russia oil flows to China, India ‘growing noticeably’ - Bloomberg

(June 22): Russian President Vladimir Putin said trade with India and China has strengthened amid Western oil sanctions in response to the invasion of Ukraine.“Russian oil supplies to China and India are growing noticeably,” Putin said in a video address to the BRICS Business Summit on Wednesday. Despite all the difficulties in the global economy due to “politically motivated sanctions,” total trade with Brazil, India, China and South Africa rose 38% in the first three months of the year

(June 22): Russian President Vladimir Putin said trade with India and China has strengthened amid Western oil sanctions in response to the invasion of Ukraine.“Russian oil supplies to China and India are growing noticeably,” Putin said in a video address to the BRICS Business Summit on Wednesday. Despite all the difficulties in the global economy due to “politically motivated sanctions,” total trade with Brazil, India, China and South Africa rose 38% in the first three months of the year to US$45 billion, he said.

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“Russian oil supplies to China and India are growing noticeably,” Putin said in a video address to the BRICS Business Summit on Wednesday. Despite all the difficulties in the global economy due to “politically motivated sanctions,” total trade with Brazil, India, China and South Africa rose 38% in the first three months of the year to US$45 billion, he said.42 tan. Russian oil producers have been sending more crude to Asian buyers, mostly to China and India, at steep discounts as European buyers reduce purchases. Particularly heavy monsoon rain has brought the worst floods in more than a century in some parts of low-lying Bangladesh and have killed at least 69 people over the past two weeks there and in northeast India's Assam state. The country didn’t want to turn away from Europe’s energy market, but it has been pushed out and will find other customers, Deputy Prime Minister Alexander Novak said last week.98 juta tong minyak sehari dan meningkat satu per empat dari 1. At the start of 2022 some two-thirds of Russian crude was being exported to Europe, now about 50% of nation’s oil is going to Asia, according to Gazprom Neft Chief Executive Officer Alexander Dyukov. Saifuddin said there is a need to promote understanding between people of different faiths and proposed that Malaysia and India work on a common platform in this direction.

Russia is also working with fellow BRICS to create a basket-based international reserve currency, Putin said. Sejumlah syarikat minyak China kini meningkatkan pembelian minyak dari Russia susulan tawaran harga yang disifatkan ‘menarik’ selepas banyak pihak menarik diri berikutan sekatan yang dikenakan terhadap negara itu. Prime Minister Sheikh Hasina flew over some of the flood-hit areas today, looking down on huge tracts covered by brown water, broken up by occasional outcrop of land, television footage showed. “Cooperation in agriculture is developing dynamically. Russia exports significant volumes of fertilizers to the BRICS nations,” he said.82 tan tong minyak. Subscribe to Mid-day email alert We deliver news to your inbox daily . Atiqul Haque, director general of Bangladesh's Department of Disaster Management, said three more districts in northern and central parts of the country had been flooded.