Imports In 2021, Russia imported $174M in Coconut Oil, becoming the 10th largest importer of Coconut Oil in the world. At the same year, Coconut Oil was the 309th most imported product in Russia. Russia imports Coconut Oil primarily from: Indonesia ($139M), Malaysia ($17.2M), Netherlands ($6.27M), Estonia ($4.13M), and Turkey ($3.98M).
Will Russia cut oil output in April?
Novak has said Russia will reduce output by an extra 350,000 bpd in April, with exports will be cut from March levels by 121,000 bpd. In May, output will be cut by 400,000 bpd and exports by another 71,000 bpd. In June, all the additional cuts will be from oil output.
Why is Russia reducing oil output in the second quarter?
REUTERS/Vasily Fedosenko/File Photo Purchase Licensing Rights MOSCOW, March 25 (Reuters) – Russia’s government has ordered companies to reduce oil output in the second quarter to ensure they meet a production target of 9 million barrels per day (bpd) by the end of June in line with its pledges to OPEC+, three industry sources said on Monday.
How much oil does Russia produce a day?
Oil production in Russia in the first quarter averaged 9.42 million barrels per day. Russia’s oil output quota, including additional voluntary cuts within OPEC+ for April, stood at around 9.09 million bpd, according to Reuters calculations.