Klimkin: the agreement on the reduction of oil production – the worst defeat of Russia in 20 years

A new agreement on the reduction of oil production is “the worst, actually triple, energy in Russia’s defeat in 20 years.” This opinion Facebook expressed the ex-Minister of foreign Affairs of Ukraine Pavlo Klimkin.

“Formally, all reduced production by 23%, but Saudi Arabia last month deliberately did that, along with aggressive price reductions, therefore, actually won for a bonus of 1 million barrels. Agree, not bad,” he said.

Klimkin added that Russia “decided to play on the higher rates and to refuse to cooperate with OPEC.”

“She wanted to supplant shale oil producers from the United States and Canada and to punish the United States for sanctions against the “Nord stream – 2″. Saudi Arabia have drastically reduced the price of Russian oil has almost ceased to be sold in Europe and not only. As a result, Russia was forced to return, to agree to all of the key terms and suffered reputational damage that will be impossible to win”, – considers ex-the Minister of Ukraine.

Also, according to the diplomat, Moscow has damaged relations with many world leaders, especially in the middle East.

“To regain the respect in this region will be extremely difficult. In addition, energy resources have ceased to be “energy weapon” for the Russian Federation. If we add to this the reduction of Gazprom’s revenues in January and February doubled compared with the same period last year, lost lawsuits against Naftogaz and Polish companies, it is obvious that the method of energy blackmail no longer works”, he concluded.

https://www.facebook.com/pavloklimkin.ua/posts/1136045336742821

Leave a Reply

Your email address will not be published. Required fields are marked *

Releated

The EU supports the Belarusian people – Borrell

Vice-President of the European Commission, high representative of the Union for foreign Affairs and security policy Josep Borrell supported the demonstrators who took to the streets of Belarusian cities. About this he wrote in Twitter on Sunday, August 16. “Hundreds of thousands of Belarusians went out today on a peaceful demonstration, demanding the release of […]

Adviser to trump denies the media reports about the alleged intentions of the White house to meet with Putin before the election

Advisor to the President for national security Robert O’brien denied that the us President intends to meet with Russian President Vladimir Putin before the presidential elections in the United States. About it the adviser said in comments to NBC News on August 16. Earlier on Sunday, the channel, citing sources reported that trump was considering […]

Workers of two factories in Belarus, announced the strike Monday

Labor collectives of the plant “Belaruskali” and refinery “Naftan”, on August 16 announced that Monday, August 17, join the nationwide strike in Belarus, reported the news portal TUT.BY. The workers demanded to release all political prisoners and participants of peaceful demonstrations, the resignation of Alexander Lukashenko, the holding of fair and transparent elections, and investigations […]

Russia was seen paddy wagons and unmarked rooms, which were moving toward the border with Belarus – Conflict Intelligence Team

From Russia to the border with Belarus, according to eyewitnesses, moving cars similar to police cars, unmarked. About this in Facebook the evening of August 16, said the investigative group Conflict Intelligence Team (CIT). “The information about the transfer of personnel of Regardie towards Belarus seems to be confirmed”, – stated in the message. The […]