There is a consensus among Western energy ministers that the world must do without Russian oil and gas.
Canada says it can provide large supplies of oil, gas and uranium that can help resolve the global energy crisis. This was reported by the BBC with reference to the Minister of Natural Resources of Canada Jonathan Wilkinson.
According to Wilkinson, there is a “consensus” among Western energy ministers that the world should be able to do without Russian oil and gas.
“I think the only difference is how quickly you can actually get away with it,” he said.
According to him, many countries intend to “help, if possible, in terms of displacing Russian oil and gas.” In particular, the world's fourth-largest oil producer has 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 is committed to supplying 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 in how much oil it can export because its pipelines are running at almost full capacity, but Wilkinson said shipping through the United States is an option.
Canada is also “quite ready to export more uranium.”
Wilkinson explained that Canadian uranium producers “actually have excess capacity and can certainly increase it to help fill the gap that Russian supplies have provided.”
It will be recalled that the United States and the European Union have announced a new joint initiative to resolve the emergency situation in the field of energy security – to get rid of dependence on Russia by 2027 .
To prepare for the next heating season, the US and the EU will work to attract an additional 15 billion cubic meters of liquefied natural gas to the EU in 2022. An EU energy platform is also being set up to sum up Europeans' energy demand from April to October 2022.
A joint working group of the White House and the EU President's Office will work on the initiative.
European states will also work on creating a platform for joint gas procurement, and the initiative is open to Ukraine.
