Bloomberg: Kuwait plans to increase fuel supplies to Europe fivefold in 2023

Kuwaiti authorities intend to increase diesel exports to European countries five-fold in 2023.

“The Middle Eastern country expects to increase diesel supplies to Europe five-fold from 2022, to 2.5 million tonnes, or about 50,000 barrels a day,” the report said.

In addition, the agency wrote, Kuwait also plans to double sales of jet fuel to Europe to almost 5 million tonnes.

Earlier, the Managing Director of the International Monetary Fund (IMF) Kristalina Georgieva expressed the opinion that European countries will face a harsh winter without Russian fuel.

Russian Deputy Prime Minister Alexander Novak said that the EU sanctions will lead to a gas shortage in Europe.

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