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Semyon Vainshtok Quotes

«We have overfed Europe with crude. And every single economic manual says that excessive supplies depress prices.»
«We have overfed Europe with oil. Any economics text book will tell you that when you have an excess of supply, the price will fall.»
«As soon as we turn towards China, South Korea , Australia, Japan, this will take away part of the oil from our European colleagues.»
«We have overfed Europe with oil. Every economics textbook says that surplus supply lowers prices. But we can't reduce supply -- all our exports are oriented toward Europe.»
«As soon as we turn to China, South Korea, Australia, Japan, it will immediately take away a portion of oil from our European colleagues.»
«We have saturated Europe with oil. And as any economics handbook will tell you, excessive supply makes prices fall. But we do not have the means to decrease supply: all our (oil) exports are directed at Europe.»
«We've completed all the procedures necessary to start construction and are ready to start implementing this huge project, the like of which has never been seen before, on Friday.»
«As of today we have carried out all procedures necessary to start construction, and are ready to start realization of this grand and unique project on Friday.»