Canada undertakes to replace part of Russian energy carriers

27 March 2022, 20:43 | Economy
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Canada says it can secure large supplies of oil, gas and uranium that could help resolve the global energy crisis. This is reported by the BBC with reference to the Minister of Natural Resources of Canada, Jonathan Wilkinson..

According to Wilkinson, there is "

“I think the only difference is how fast you can actually get away from it,” the minister stressed..

According to him, many countries intend to " In particular, the world's fourth largest oil producer pledged to export an additional 200,000 barrels of oil..

Canada, for its part, will export an additional 100,000 barrels of natural gas.

“We expect to reach 300,000 barrels by the end of the year,” Wilkinson said..

In addition, Canada undertakes to supply additional volumes of oil, although it is aware that due to the lack of necessary logistics, this oil is likely to remain on the North American continent..

Canada is limited on how much oil it can export because its oil pipelines are running at near full capacity, but shipping through the United States is an option, Wilkinson said..

Canada is also 'completely ready to export more uranium'.

Wilkinson explained that Canadian uranium producers "

Recall, the US and the EU announced a new joint initiative designed to solve the emergency in the field of energy security - to get rid of dependence on Russia until 2027.



To prepare for the next heating season, the US and EU will work to bring an additional 15 bcm of LPG into the EU in 2022. An EU energy platform is also being created, which will summarize the demand of Europeans for energy resources from April to October 2022.

A joint working group of the White House and the Office of the President of the EU will work on the implementation of the initiative..

Also, European states will work to create a platform for the joint purchase of gas, the initiative is also open to Ukraine.




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