President Vladimir Putin said on Thursday that Moscow will work to re-direct its energy eastward as European countries try to reduce reliance on Russian exports, adding that Europe will not be able to completely shun Russian gas immediately. Russia, which accounts for around 10% of global oil production, has been forging closer ties with Asia and China, the world's top energy consumer, trying to diversify away deliveries from its traditional supply markets in Europe. Western sanctions over Moscow's military operation in Ukraine have hit Russian energy exports by complicating financing of the deals and logistics. "What's astonishing is that the so-called partners from unfrien...
Keep on reading: Putin tells Europe: You cannot ditch Russian gas but we’re turning east
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