Abstract
It is expected that the fulfillment of obligations under the Paris Climate Agreement (2015) by 2035 will lead to a sharp drop in global oil demand. However, today, for the countries of the European Union (EU), the shortage of energy carriers and the high dependence in their supply from external sources, especially from Russia, continues to be a serious problem. The purpose of the study is to consider changes in demand for Russian crude oil from the countries of the European Union (EU) and other European countries in the first half of 2022. The main factors determining the dynamics of the world oil market in recent decades are analyzed. The contribution of crude oil imports from Russia to the EU countries to meet their needs for fossil fuel sources, as well as to form the revenue side of the Russian budget in 2019-2021 has been determined. The regions of European countries with an increased demand for petroleum products have been identified. The level of dependence of different countries within the EU on the import of Russian oil is considered. The role of tanker and pipeline transport in the supply of Russian crude oil to the countries of Western Europe is revealed. For Russia, the export of fuel and energy resources is a geopolitical factor of power in the international system. Therefore, the narrowing of its positions in the traditional European energy markets with the introduction by the EU and UK authorities of an embargo on Russian oil prices necessitates both changes in the existing oil transportation strategies to European consumers and the active development of new niches in other external energy markets.
Published Version
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