Russian oil companies are diversifying slowly away from their dependence on the European Union, just as the E.U. does the same with its long-time supplier of oil and natural gas. As a result, Russian exports to Germany - its most important market - fell between 2014 and 2013. And Ukraine shipments have fallen by nearly half.
Forbes: Here’s where Russia shipped oil last year as Ukraine, Europe diversified
Picture taken on Feb. 20, 2015 shows facilities of Novoprtovskoye oil and gas condensates oilfield of Russian gas and oil giant Gazprom at Cape Kamenny in the Gulf of Ob shore line in the south-east of a peninsular in the Yamalo-Nenets Autonomous District.
