According to the statement made by the Canadian Ministry of National Resources, Minister of National Resources Jonathan Wilkinson attended the International Energy Agency (IEA) Ministerial Meeting in Paris, the capital of France, to help ensure international cooperation on global energy security and the transition to a net zero emissions economy.
"Our European friends and allies need Canada and others to step up. They say they need our help to get rid of Russian oil and gas in the short term while accelerating the energy transition on the continent. Canada is uniquely positioned to help both," Wilkinson said at the meeting. We will continue to work with our international partners to support international energy markets and accelerate the energy transition." used the phrases.
Canada, the world's fourth largest oil producer, announced sanctions on this country in the field of oil and energy after Russia's war against Ukraine.
Canada's response to increasing international calls to replace Russian oil and gas is not specified in the statement, but oil exports are expected to increase by about five percent in the first place.
Discussions over the security of energy supply have accelerated in recent weeks as Moscow faces heavy economic sanctions and growing pressure from global importers to halt Russian oil and gas trade.
The IEA had announced that oil markets could lose three million barrels a day of Russian crude and refined products from April.
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