Business news from Ukraine

Business news from Ukraine

GERMANY PLANS TO REDUCE OIL IMPORTS FROM RUSSIA TO ZERO BY THE END OF 2022

German Foreign Minister Annalena Burbock said that Germany will gradually stop buying Russian energy resources, in particular, by the end of the year it will completely stop importing Russian oil.
“Security in Europe means that we reduce and stop our dependence on Russia, primarily in energy policy. We want to stop importing Russian gas, better today than tomorrow,” Burbock said on Wednesday, she is on a trip to Latvia and the press conference was broadcast by the German TV channel Welt.
According to the minister, Germany “made mistakes” in the past, so now it is necessary to stop importing energy carriers from Russia.
“From coal imports to the end of summer, we will halve oil imports by summer and bring them to zero by the end of the year,” Burbock said.

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