EU reports to have reduced dependence on Russian energy resources
The level of imports of Russian oil to the EU have fallen by 90% compared to that before the full-scale war.
Source: European Commission, as reported by European Pravda
Details: The attached graph from Eurostat, the EU's statistical agency, indicates the gradual decline in imports of Russian oil and oil products after 2019, and how this process accelerated sharply after Russia invaded Ukraine in 2022.
Quote: "In March, EU oil imports from Russia fell by 90% compared to the 2019-2022 average. EU sanctions against Russia and the G7 price cap on Russian petrol and related products are delivering results," the EC noted.
We are getting rid of Russian fossil fuels.
— European Commission (@EU_Commission) June 24, 2023
In March, EU oil imports from Russia fell by 90% compared to the 2019-2022 average.
EU sanctions against Russia and the G7 price cap on Russian petrol and related products are delivering results.
#REPowerEU pic.twitter.com/g6HAzdBqSy
Background: On 23 June, the EU Council approved the 11th package of sanctions against Russia, aimed mainly at combating the circumvention of existing sanctions.
It provides for, among other things, a ban on entry to EU ports and gateways for vessels suspected by the competent authorities of involvement in transporting sanctioned oil or oil purchased at a price higher than the price cap.
The temporary exemption from sanctions for Germany and Poland to supply crude oil from Russia through the northern section of the Druzhba (Friendship) Pipeline is also coming to an end. Meanwhile, it remains possible to pump oil from Kazakhstan and other third countries through this route.
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