Russia oil and decided to continue its struggle in the natural gas field. Russia, which cut off the natural gas flow to Europe, caused great chaos in EU countries. EU member states started to increase their savings measures as they entered the energy bottleneck. While the degree limit was imposed on the use of air conditioners, restrictions were imposed on street lighting and unnecessary electricity expenditures in companies.
ANSWER TO G7 FROM RUSSIA
Russian Energy Minister Nikolai Shulginov in response to the G7’s decision to impose a price cap on Russian oil AsiaHe announced that he would send more oil to Turkey.
Shulginov said that Russia and its partners will introduce their own insurance systems to facilitate trade.
OIL AND NATURAL GAS PRODUCTION WILL BE DECREASED
Russia is expected to reduce oil and gas production this year. Due to the limited energy sales due to the sanctions imposed, a 2 percent decrease in oil production and a 7 percent decrease in natural gas production is expected.
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IT IS UNKNOWN WHEN THE NATURAL GAS LINE TO EUROPE WILL BE OPENED
Minister Shulginov said that no decision has been taken on when Nord Stream 1 will be operational, and that a decision will be made as a result of the completion of the works.
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