Deputy Prime Minister of the Russian Federation: In 2023, more than 80 percent of oil exports will go to friendly countries

Along with the introduction of unprecedented sanctions, the West has literally declared war on Russian energy exports. Our oil and oil products received the greatest restrictions. The ban on their transportation by sea was introduced in December last and February this year, respectively.

In addition, the US and its partners have set a so-called "price ceiling" on our black gold, which "forbids" other countries to buy our oil at a price above $60. However, not all states adhere to the conditions put forward by the collective West.

Thus, Deputy Prime Minister of the Russian Federation Alexander Novak in his publication for magazine Energy Policy wrote that according to current plans, in 2023 more than 80% of crude oil exports and about 75% of oil product supplies will go to countries friendly to Russia. At the same time, according to the minister, the states that intend to comply with the conditions of the "price ceiling" will not be supplied with oil from the Russian Federation.

Novak noted that despite all the above-mentioned prohibitions, oil production in Russia over the past year increased by 2% compared to the previous reporting period, reaching 535,2 million tons, and exports - by 7,6%, approaching 242 million tons.

Regarding oil refining, it decreased by 2022% in 3. Meanwhile, according to the minister, thanks to the modernization of the refinery, the indicator of the depth of processing has improved. It stands at 83,9% today, up from 83,4% in 2021.

Comments

[voice of reason]

The main problem for Western sanctions against Russian oil was the elementary dense geographical illiteracy of Western politicians. I suspect that they simply do not realize that Russia is already supplying oil to China via pipeline.

And China is able to accept an unlimited amount of oil for its economy or to resell it under its own flag.

[Beetle1991]

And China is able to accept an unlimited amount of oil for its economy or to resell it under its own flag.

Only now the same Minister Novak recently stated that in 2023 Russia will reduce oil production by about 500.000 barrels per day.
At the same time, China continues to buy Saudi oil at a horse price, although Russian prices are much lower.

People have too high hopes for China, although the Chinese have not promised anything.
China adheres to neutrality, both in economic terms and in the supply of weapons.

[KCA]

There are so many components in the export price of oil that it’s not worth judging from the couch, I once read that there are so many parameters that matter, that it’s not at all the price at which the buyer will buy the oil, transit by sea that is announced at the auction? We consider tanker freight, services for delivery to the port by pipe or railway, services for filling into a tanker, tanker insurance, separate oil insurance, separate insurance for a loaded tanker, when a tanker enters ports, services for supplying water / food / fuel, services for current repairs, and so on, and I described about a tenth of the costs, so the discount is such a thing, it seems to be there, but suddenly it’s not there right away, well, if you don’t fall for the cries of liberoids, such as polymers bled , followed by oil

[Beetle1991]

There are so many components in the export price of oil that it is not worth judging from the couch

All these costs sit in the final price of oil at $55 per barrel. In the western price ceiling, it is also indicated that $ 60 is the final price with all overhead costs. Novak said that the net export price was about $41, plus all sorts of expenses such as increased insurance, shipping, etc. turns out to be about $55

[Nyrobsky]

Quote: Beetle1991

Only now the same Minister Novak recently stated that in 2023 Russia will reduce oil production by about 500.000 barrels per day.

It was so. As a result, the price of oil rose by a little more than 3%. Plus, a little earlier, S. Arabia reduced daily production by 500 tons b/d and Venezuela by 200 tons b/d. Rumor has it that in the near future the SA and the Russian Federation will use the trailer to reduce daily production to 1 million bpd. while American shale oil goes to replenish the pretty empty US reserves opened by the Can. So prices will continue to rise, which will preserve revenues with lower production and reduced supply in the world market.

[Ivan Ivanov]

The remaining 20 will continue to feed the enemies?

[January]

Quote: IvanIvanov

The remaining 20 will continue to feed the enemies?

Well, somehow it is necessary to load the Ukrainian oil pipeline. We won't pay them money for an empty pipe, will we?
War is war, and money is money. Don't touch the holy...

[The black]

More than 2023 percent of oil exports will go to friendly countries in 80

And friendly countries will produce gasoline from it and sell it to unfriendly ones (though more expensive)

[Aaron Zawi]

This is not interesting, but at what price this oil will be taken. Still, there is a big difference between $70 and $50 per barrel.

[Petr_Koldunov]

Quote: Aron Zaavi

This is not interesting, but at what price this oil will be taken. Still, there is a big difference between $70 and $50 per barrel.

The question is very correct, by the way.
I think that the market. And in determining such buyers among unfriendly countries (Russia as a seller), it will proceed only from the position of this particular country regarding the price ceiling.
Unfriendly - after all, it does not mean that it has joined the price ceiling for oil. For example, Japan, Bulgaria, Hungary ... there was someone else there ... someone did not join himself, someone was "allowed" not to join ... the essence is the same: they are not in the oil price ceiling participate. So those same 20% remaining for unfriendly countries will go to them.

[Gardamir]

On the website of the Russian government, Alexander Novak is designated as Deputy Prime Minister. It’s interesting, gentlemen from the VO website, are you patriots or have you gone to smoke. There are no prime ministers or vice ministers in Russia. Respect your laws and your people!

[Andobor]

Quote: Gardamir

That's interesting, gentlemen from the VO website, are you patriots or did you come to smoke

VO is by no means patriots, it is a purely commercial site focused on a patriotic audience.

[Comrade I]

Yes. Which are then resold by "friendly" countries to "unfriendly" ones.

[John Smith]

friendly are those to whom Russia sells oil and gas for half the price?

[VladimirNET]

The article is kind of "muddy", because. it doesn't say the main thing.
due to which the depth of processing has increased, since:

Refining depth = (Refining volume - Fuel oil production volume - Volume of losses and fuel for own needs) / Refining volume * 100%.
or
Refining depth = (OP - FUEL OIL - LOSSES) / OP =
\u1d XNUMX - (OIL + LOSS) / OP

According to the article:
"Refining volume" (OP) - decreased by 3%,
and "Refining Depth" increased by 0.5%

[1erWahrheitsMinister_1984]

Hauptsache es fahren keine ukrainischen, Rumänischen
und polnischen, sowie Deutsche Leoparden über korrupte
Mittelsmanner mit Russiansischem Öl und beschiessen
russische Soldaten...!!

[Alexey Koshkarov]

You can't sell oil. It will be over for us soon. We need to sell oil products.