Countries Discuss How To Lessen Their Dependence On Energy Supplies From Russia

Home*Cover Story*International

Countries Discuss How To Lessen Their Dependence On Energy Supplies From Russia

Ministers of European Union countries are discussing how to lessen their dependence on energy supplies from Russia – as a result of its invasion of Ukraine.

Germany has acknowledged EU nations are still divided on a possible Russian energy embargo.

The energy minister says his country could handle an oil ban by the end of the year – but not a ban on gas.

Hungary has reiterated that it opposes a ban on either fuel.

Germany was the world’s top importer of Russian gas in 2020, buying 42.6bn cubic metres – according the International Energy Agency.

Hungary, too, was one of Russia’s top gas buyers – taking 11.6bn cubic metres that year.

The European Union as a whole bought 41% of its gas from Russia in 2019.

COMMENTS

WORDPRESS: 0
DISQUS: 0