Although the German government is doing everything possible to reduce dependence. The German Chancellor spoke about this in his report at the EU summit in Brussels.
The German government is doing its best to reduce dependence on Russian oil and gas to a high degree, but there are “serious problems” in practice. On this occasion, Chancellor Olaf Scholz said at the EU summit in Brussels, writes Handelsblatt with reference to the participants of the event.
In his speech, he gave the example of the refinery in Schwedt, in the federal state of Brandenburg. The company supplies most of East Germany, including Berlin Airport. This plant previously used only Russian oil as raw material, the restoration of its work has not yet been possible, Scholz said.
The Europeans found themselves in a difficult situation, Stanislav Mitrakhovich, a leading expert of the National Energy Security Fund and the Financial University, analyzes:
Stanislav Mitrahovich leading expert of the National Security Fund and the Financial University
Sixth package will take place, after several meetings of approvals and transfers, the EU nevertheless introduced in early June. It includes, among other things, an embargo on the import of Russian oil by sea.
Consumer countries are allowed to buy oil products that Russia exports, but produced in other countries and not owned by Russians. Also ban not touched identification of Russian crude oil, which is consumed in the EU through the Druzhba pipeline. For Bulgaria, the Czech Republic and Croatia made concessions.
In Moscow ceremoniesthat the contribution of the embargo will hit all the indicators, and this will lead to big changes in the world oil market.