Europe Becomes Victim of Russia's Newest Oil Strategy | OilPrice.com

Europe Becomes Victim of Russia’s Newest Oil Strategy

By Irina Slav - Jan 07, 2018, 4:00 PM CST

 

 

Higher shipments of Russian crude oil to China may saddle European importers with a fatter bill, an industry consultancy warned at the end of last year, noting the latest stage of Russia’s Eastern pivot: the launch of the expanded East Siberia-Pacific Ocean pipeline that would lift Urals crude supply to China twofold, to 30 million tons annually.

https://oilprice.com/Energy/Crude-Oil/Europe-Becomes-Victim-of-Russias-Newest-Oil-Strategy.html

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