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Abjekistan's oil industry hits rock bottom

Because of the exponentially increasing oil production of Krenya, it has become cheaper to import Krenyan oil in Abjekistan, even with all the regulations, rather than exploiting the rich Abjekistanian sources. This lead to the definitive closure of several oil wells in Kamelýa, the loss of and the loss of a couple of hundreds of millions of Puzhaks for the Abjekistani government. This huge debt will surely take long to recover as the nation was already in the middle of war reparations after the Hadianist crisis. National representative Borankh A. Olimov made a virtual speech about the crisis today.

"The Abjekh people is strong, and I am sure that this crisis will not break this strength. The Krenyan monarchy seems to be decided to crush our economy, and he thinks that he was successful. He is wrong. We can recover from this loss, and we will. We will start rationing gasoline, if this is what is needed. We can start exploiting other ressources, so we are less dependant of the black gold market. I know the automotive industry is the heart of our lives since generations, but we need to learn to use it less. I know we can."