EU climate policy will make Russia change oil exports in 10 years — Lukoil top manager

Capt. John

The EU’s tougher policy on the use of carbon fuels will radically change the oil market and affect Russia’s export potential, Vice-President for strategic development of Lukoil oil major Leonid Fedun told reporters on Monday. Commenting on the introduction of a carbon tax in the EU, he said that so far oil producers can relax, …

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