Putinseated

Putin tells oil workers you will be busy for the next 100 years

The Russian President Vladimir Putin said on 12th March that humanity will continue to consume hydrocarbons for a long time to come, so Russian oil workers will have enough work for another "100 years". On that day, the head of state held a meeting in the Kremlin with participants in the "Leader of Russia" contest.
"Mankind will be dealing with the issue of hydrocarbons - their production and use - for a very long time. There will be enough work for 100 years," Putin said in conversation with one of the competition winners, Gazprom Neft oil engineer Vladislav Vakhnin.

The president emphasised that resource extraction is also relevant in the context of discussions on renewable energy sources. He added that Gazprom Neft was also involved in renewable energy issues.

At the end of January, Russian Deputy Prime Minister Alexander Novak told Izvestiya that Russia was fully supplied with petrol and that production volumes fully covered fuel needs. He stressed that consumers are primarily interested in prices at the pump, which should remain at the current level and not rise.
Earlier in the same month, the Energy Ministry reported that by the end of 2023, oil companies had increased gasoline production compared to the level of 2022. It noted at the time that fuel prices had stabilised and that no shortages had been recorded. The ministry also emphasised that petrol stocks at oil refineries (refineries) and tank farms had increased.