Search
Close this search box.
European Countries Increase Imports of Russian Oil Despite Sanctions
– By Jerome Onoja Okojokwu-Idu

       Share 

Facebook
Twitter
LinkedIn
WhatsApp

Many European countries increased imports of Russian oil in April despite sanctions on Russia, because of its continued invasion of Ukraine.

Russia in February invaded Ukraine, a war that has escalated geopolitical tensions and led to disruptions in supplies of products and services.

Russia accounts for about one-third of oil supply to Europe and about 40 percent of natural gas supplies.

According to Johns Hopkins University, citing data from Tracker Tracker, Finland increased its imports of Russian oil from 23, 131 barrels per day in March to 43, 547 bpd.

Spain, which imported zero oil in March from Russia, increased its imports to 85,276 bpd. Bulgaria increased its imports from 36599 bpd in March to 99316 bpd in April.

The data also revealed that Greece increased its imports by over 70,000 bpd. The country’s imports rose from 47,846 in March to 119,618 in April. Romania’s imports, which was 35,406 bpd in March rose to 131,538 bpd in April.

The data further showed that  Estonia, which imported 47,083 bpd of Russian oil increased its imports to 174,717 bpd, while the Netherlands increased its imports to 655, 250 bpd in April, from 520,041 bpd it imported in March.

 

Your subscription could not be saved. Please try again.
Your subscription has been successful.

Newsletter

Get to read our latest stories right in your email

Show some Love. Share this post

Copyright 2022. All rights reserved. This material, and other digital content on this website, may not be reproduced, published, broadcast, rewritten or redistributed in whole or in part without prior express written permission from Majorwaves Energy Report

Show Buttons
Hide Buttons