Bloomberg calculated Russia's losses from the partial EU oil embargo The EU

has agreed on a partial embargo on Russian oil supplies. According to BLOOMBERG estimates, RUSSIAcould lose about $10 billion from the ban on offshore oil exports,another $ 12 billion - from the cessation of supplies on the northern branch of "Friendship"

Russia's losses due to the EU-agreed partial embargo on Russian oil will amount to about $22 billion a year, Bloomberg calculated.

According to the agency, in 2021 Russia supplied about 720 thousand barrels of oil per day to European refineries through its main pipeline. However, the main part of the pipeline deliveries goes to Germany and Poland, which decided to refuse deliveries from Russia regardless of the decision of the EU. Another 1.57 million barrels per day (75% of all exports) went to the EU by sea.

As Bloomberg calculated, Russia's losses from the ban on offshore oil exports will amount to about $10 billion. it will be forced to reorient itself to the Asian market, where oil is already sold at a discount - at a price about $34 cheaper than the price of futures for Brent crude, the agency writes. .

Another $12 billion will be lost from the cessation of supplies along the northern branch of the Druzhba oil pipeline to Poland and Germany, Bloomberg calculated, based on the volume of deliveries in 2021 and the average price of Russian Urals oil in 2022 at $85 per barrel. At the same time, Russia will continue to earn about $6 billion from exports to Hungary, Slovakia and the Czech Republic through the southern branches of Druzhba.

Orban announced the "liberation" of Hungary from the embargo on oil from Russia Politics

Earlier, the European Union agreed on a partial ban on the import of Russian oil as part of the sixth package of sanctions. According to the HEAD of the European Commission, Ursula von der Leyen, thanks to the embargo, Russian oil supplies to the EU will be reduced by about 90% by the end of the year. She explained that the European Union received one-third of its raw materials through oil pipelines, while Poland and Germany decided to refuse any form of Russian oil supplies, so by the end of the year it will only enter the EU through the Druzhba pipeline. It accounts for 10% of all oil bought by the European Union from Russia.

Russian President Vladimir Putin , speaking about the intentions of the EU to impose an oil embargo, said that Europe is trying to blame Russia for its mistakes in energy policy. However, as a result of "chaotic actions" of partners, the European economy is being damaged, while the revenue of the Russian oil and gas sector is growing, he said.

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