Shell explains why they will buy Russian oil

06 March 2022, 08:30 | Economy
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European oil giant Shell explained why it decided to buy Russian Urals oil. This is stated in a statement by the company, published on Saturday on Twitter..



" Our refineries produce gasoline and diesel fuel, as well as other products that people use every day,"

Shell explained that in the absence of an uninterrupted supply of crude oil to refineries, the energy industry will not be able to ensure a stable supply of essential goods throughout Europe in the coming weeks..

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In addition, the company assured that it will continue to choose alternatives to Russian oil "

The company promised to create a fund for profits received from Russian oil, the funds from which can be used to help the population of Ukraine.

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Shell reportedly resumed buying Russian oil, tempted by a record discount.




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