Canada Promises to Support Halting Russian Oil Use

Canada Promises to Support Halting Russian Oil Use

Canada, the world’s fourth biggest oil producer, pledges to export an additional 200,000 barrels of oil as well as 100,000 barrels of natural gas, the country’s Natural Resources Minister Jonathan Wilkinson told BBC.


Wilkinson stated that several countries are committed “to help in terms of displacing Russian oil and gas”.


The minister’s remarks came after requests from Canada’s allies at a ministerial meeting at the International Energy Agency (IEA) in Paris, which aims to accelerate the transition to clean energy.


“We expect that by the end of the year we will be fully up to the 300,000 barrels,” Wilkinson noted.


Yet, that is just a minor contribution compared to the three million barrels per day that the IEA expects to be removed from global markets by April because of sanctions against Russia.


Sarah Samir 3469 Posts

Sarah has been writing in the oil and gas field for 8 years. She has a Bachelor Degree in English Literature. She has three years of experience in the banking sector.


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