Mikael Dafit Adi Prasetyo, Tribunnews journalist
TRIBUNNEWS.COM, LONDON – Canada will provide more oil, gas and uranium to help solve the global energy crisis, after some commodity prices spiked following Russia’s invasion of Ukraine.
Canada’s Minister of Natural Resources has pledged to help as many countries as possible replace Russian oil and gas.
Canada, the world’s fourth largest oil producer, has also pledged to export an additional 200,000 barrels of oil.
Read also: Zelensky refuses to sit down with Russia on denazification discussion: Completely incomprehensible
Natural Resources Minister Jonathan Wilkinson said his party would also export an additional 100,000 barrels of natural gas.
It was a demand from its allies at a meeting of global energy ministers at the International Energy Agency (IEA) in Paris, who pledged to accelerate the transition to clean energy.
“We expect that by the end of the year we will be fully at 300,000 barrels,” Wilkinson said.
However, that is just a fraction of the three million bpd the IEA says will be pulled from global markets next month due to sanctions on Russia.
Read also: In the interest of a peace agreement with Russia, Zelensky is ready to discuss the status of the Donbass region
Canada’s largest pipeline company, Enbridge, has said it is ready to do whatever it takes to improve energy security in North America and Europe.
Meanwhile, Canada joined the United States and the United Kingdom in reducing imports of Russian oil.
This has pushed oil prices up nearly $130 a barrel since the start of the war in Ukraine.
“Typical thinker. Unapologetic alcoholaholic. Internet fanatic. Pop culture advocate. Tv junkie.”