April 28, 2023
1 min read

Russia to slash oil supply to Europe

Turkey-Russia relations and regional issues were discussed during the phone talk, Erdogan’s office said in a statement on Thursday…reports Asian Lite News

Russia plans to greatly reduce the export of crude oil and oil products to Europe and reroute the saved amount to Asia, Russian Deputy Prime Minister Alexander Novak said.

Russia exported around 40 million ton of crude oil and oil products to Asia and some 180 million ton to Europe in 2022, Novak told reporters on the sidelines of an energy event on Thursday.

“This year, 140 million ton of oil and oil products will go to the East. About 80-90 million ton will remain in the West,” he said.
Meanwhile, Turkish President Recep Tayyip Erdogan held a phone talk with his Russian counterpart Vladimir Putin ahead of the inauguration ceremony of Turkey’s first nuclear power reactor built by Russia.
Turkey-Russia relations and regional issues were discussed during the phone talk, Erdogan’s office said in a statement on Thursday.

MOSCOW, March 5, 2020 (Xinhua) — Russian President Vladimir Putin (R) meets with his Turkish counterpart Recep Tayyip Erdogan in Moscow, Russia, on March 5, 2020. Russia and Turkey agreed Thursday on a ceasefire in the de-escalation zone in Syria’s northwestern province of Idlib, after talks between Russian President Vladimir Putin and his Turkish counterpart Recep Tayyip Erdogan which lasted for about six hours. (Sputnik/Handout via Xinhua/IANS)

The Turkish President thanked Putin for his contribution to the Akkuyu Nuclear Power Plant, where a ceremony for its first nuclear fuel delivery will be held on Thursday, the statement said. The two leaders discussed the developments in the Russia-Ukraine war and the work on the grain agreement, the statement said, adding that Erdogan and Putin talked about new “initiatives that could be worked on through the proposed working group”. They also discussed the developments in Syria, Turkish President’s office said. Putin also conveyed his best wishes to Erdogan for a speedy recovery after his stomach bug, according to Erdogan’s office.

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