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Canada Russia Oil markets
Peter Ramsay
28 March 2022
Follow @PetroleumEcon
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Canada commits to additional 200,000bl/d of crude

The country will pipe more oil, as well as more gas, to its southern neighbour by year-end

“I think there is a consensus” in moving away from Russian oil and gas, Canadian natural resources minister Jonathan Wilkinson told UK state broadcaster the BBC from Paris, where he was attending an IEA meeting for global energy ministers in late March. “The only differences are around how fast can you actually get away from it,” he says. From his country’s perspective, he is promising more oil and gas than originally planned by the end of the year. “We will be increasing our production and flow through the pipelines of an extra c.300,000bl/d oe by the end of the year, in line with what the Americans are doing and the Brazilians have also announced,” the minister continues. “We are also look

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