Russia announces the complete redirection of its oil supplies from Europe to Asia

Moscow (ST) – Russian oil and gas company Zarubezhneft announced that it has almost completely redirected the oil supplies from Europe to India and China since the beginning of 2022.

RT quoted the company’s head, Sergei Kudryashov, as saying at the Primakov Economic Forum that: the logistic services have changed since the company left Europe almost completely and changed to the Indian and the Chinese markets, gaining new experiences.

Kudryashov added that the situation has changed since 2022 as the company had to master issues related to logistics, carriers and insurance, and succeeded in achieving it.

It is noteworthy that Zarubezhneft is a 100 percent state-owned Russian oil and gas company that is specialized in developing oil and gas fields in Russia and abroad. It also has foreign projects in Egypt, Vietnam, Uzbekistan, Cuba and Indonesia.

Najla Khoury