Europe will receive more and less oil from Russia in 2016

Europe will receive more and less oil from Russia in 2016

This year, the volume of Russian gas supplies to Europe may be increased and oil exports may be reduced, Deputy Energy Minister Anatoly Yanovsky said, speaking at the Gaidar Forum in 2016, organized by the RANHiGS and the Gaidar Institute.

"I and my colleagues discussed the share of energy supplies from Russia to the European market. We are quite optimistic that the volumes of oil and gas will remain at the same level. Gas supplies may be increased and the oil supplies may be reduced due to the general decline predicted by European experts," Tass cites him as saying.

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