Oil production in Russia may fall by 10% in the second quarter due to sanctions restrictions - up to 9.9 million barrels per day. Russian media write about this with reference to their experts.

" We set the same level for the third quarter of 2022, then for the fourth quarter of 2022 our estimate is increased by 5%.. There is a risk that this forecast is overly optimistic,"

However, the expert emphasized that it is impossible to give an accurate forecast due to the extreme uncertainty due to sanctions, including the likelihood of secondary sanctions against buyers of Russian oil..

Russian media believe that the EU may set a price ceiling for the purchase of Russian oil in order to limit Russia's revenues.

" It is these countries that can potentially become the main buyers of Russian oil in the event of a radical refusal to purchase Russian oil in Europe. However, it is unlikely that the practical implementation of large-scale secondary sanctions is possible,"

According to him, as for the risks for Russian supplies under the embargo, finding new markets for Russia is a matter of time.. At this time, discounts on Russian Urals oil in relation to Brent can reach records.

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Earlier it was reported that the plan of the European Commission in case of stopping the supply of Russian gas contains energy saving and the obligation to share the resource with each other..

Bloomberg, referring to the draft external energy strategy of the EU, reported that the European Union plans to intensify cooperation with African countries in order to reduce its dependence on Russian gas by two-thirds by the end of 2022..

Poland is preparing proposals for the introduction of a tax on Russian energy resources in the EU. This will speed up the process of reducing dependence on the RF.