E.U. proposes a total ban on Russian oil over Ukraine

image is Eu (1)

The proposal requires approval from all 27 EU countries to be implemented.

The European Union chief proposed on Wednesday a total ban on Russian oil; with a six month phase out of Russian crude oil imports.

The European Commission president, Ursula von der Leyen presented the proposal as she outlined a new, sixth package of E.U. sanctions against Russia.

"We will phase out Russian supply of crude oil within six months and refined products by the end of the year," Ursula von der Leyen told the European Parliament, prompting applause from lawmakers. "This will be a complete import ban on all Russian oil, seaborne and pipeline, crude and refined."

"It will not be easy. Some member states are strongly dependent on Russian oil. But we simply have to work on it," von der Leyen said.

The proposal requires approval from all 27 EU countries to be implemented. Previously this week, Hungary said it would veto any proposal that leads to the restriction of energy imports from Russia.

 

KEEPING THE ENERGY INDUSTRY CONNECTED

Subscribe to our newsletter and get the best of Energy Connects directly to your inbox each week.

By subscribing, you agree to the processing of your personal data by dmg events as described in the Privacy Policy.

Back To Top