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Diplomat: Moscow will find other oil importers after EU's embargo

  • By Al Mayadeen English
  • Source: Agencies
  • 31 May 2022 10:18
  • 1 Shares
2 Min Read

As the European Union has agreed to an embargo on most Russian oil imports after late-night talks at a summit in Brussels, a Russian diplomat reassures that Moscow will seek other oil importers.

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  • Permanent Representative of Russia to International Organizations in Vienna Mikhail Ulyanov
    Permanent Representative of Russia to International Organizations in Vienna Mikhail Ulyanov

Permanent Representative of Russia to International Organizations in Vienna Mikhail Ulyanov said on Tuesday that Moscow will seek other oil importers to replace the European Union.

Earlier in the day, European Council President Charles Michel stated that on the first day of the summit in Brussels, EU leaders were able to reconcile and agree on a partial ban on Russian oil imports, effectively unblocking the sixth package of sanctions against Moscow. The partial embargo will affect two-thirds of the country's oil imports.

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On her account, EU chief Ursula von der Leyen said the ban "will effectively cut around 90 percent of oil imports from Russia to the EU by the end of the year".

Before going into effect, the sixth EU package of sanctions against Russia must be officially approved and ratified by all member states.

Five sanctions packages have already been implemented by the EU. The European Commission announced plans to impose a blanket ban on Russian oil a few weeks ago, but several European countries, including Hungary, vetoed it due to concerns about the impact on their economies and energy security. 

An EU source told Sputnik on Sunday that the bloc decided against prohibiting deliveries through the Druzhba (Friendship) pipeline in order to gain Budapest's support. 

  • Russia
  • Nato
  • Oil Production
  • Russian oil imports
  • European Union
  • Mikhail Ulyanov
Russia & NATO

Russia & NATO

As the Draconian Western-led sanctions on Russia exacerbate the economic crisis worldwide, and as Russian troops gain more ground despite the influx of military aid into Ukraine, exposing US direct involvement in bio-labs spread across Eastern Europe and the insurgence of neo-Nazi groups… How will things unfold?

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