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Politics : Formerly About Advanced Micro Devices

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From: Brumar892/25/2024 1:40:25 PM
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Blow to Putin as Europe breaks free of Russian oil for good (msn.com)

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“Just before the war, just the idea of, we’re going to stop buying oil and gas directly from Russia, would have been crazy. But it has largely happened.”

According to Eurostat, in 2020 imports from Russia made up 39pc of the gas used in the European Union, 23pc of oil imports and 46pc of coal imports.

The UK relied on Russia for about 30pc of its diesel, 27pc of its coal and up to 10pc of its gas – which arrived partly on ships as liquid natural gas (LNG) and partly via trans-European pipelines.

On official figures this has now fallen to practically zero.

It is thought that quantities of Russian fossil fuel have still been arriving via refineries in other countries, although Mr Leon – who will be speaking at International Energy Week in London this week – said that the overall amounts are still diminishing.
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“Oil that was initially flowing from Russia into Europe is now going to China and India, from where suppliers are shipping to Europe.”
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