Gazprom Neft CEO: Russia Already Exports Half Of Its Oil To Asia

Gazprom Neft CEO: Russia Already Exports Half Of Its Oil To Asia

OilPrice.com

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Half of Russia's crude is headed east to Asia, compared to 75 percent of Russia's oil exports which were being shipped to Europe earlier this year, Alexander Dyukov, chief executive of Gazprom Neft, said on Friday. At the beginning of this year, three-quarters of Russia's crude was going to Europe. Now more than 50 percent of the crude is being shipped to the Asian market, the head of Gazprom's oil arm said at the St Petersburg International Economic Forum, as carried by Russian news agency Interfax. "The global economy and consumers will have…

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