Bullboard - Stock Discussion Forum Petrotal Corp PTALF

Primary Symbol: T.TAL

Energy Oil & Gas E&P

PetroTal Corp. is an oil and gas development and production company focused on the development of oil assets in Peru. The Company is engaged in the exploration, appraisal and development of oil and natural gas in Peru, South America. Its flagship asset is its 100% working interest in Bretana oil field in Peru's Block 95. Through its two subsidiaries, the Company is engaged in the ongoing... see more

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Petrotal Corp > Kazakhstan Can't Fill Gap Left by EU banned Russian Oil

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Post by geezer21 on Jan 12, 2023 6:01am

Kazakhstan Can't Fill Gap Left by EU banned Russian Oil

Kazakhstan can not replace Russian oil now banned from Europe. 50 million tons of Kazakhstan was previously going to Europe via Russia. Russia is not interfering in the transfer of that Kazakhstan oil. To ramp up Kazakhstan oil deliveries to Europe would mean increaseing flow through Russia which would face Russian resistance and an alternate route around Russia is logistically difficult and more expensive.

https://oilprice.com/Energy/Crude-Oil/Kazakhstan-Cant-Fill-The-Void-Left-By-EU-Oil-Embargo-On-Russia.html

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