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The EU’s embargo on seaborne supplies of Russian oil became effective on December 5 of the last year.
Crude oil imports from Russia plummeted by 99.9% year-on-year in January 2023, the Federal Statistical Office of Germany said on Monday.
“In January, Germany imported 3,500 metric tons of Russian oil,” the Office said, adding that such volumes were imported by the EU before January 1, 2023. In January 2022, Germany imported 2.8 mln metric tons of Russian crude oil.
To substitute the Russian oil, Germany scaled up supplies from Norway (plus 44%), the United Kingdom (+42%), and Kazakhstan (+34.6%).
The EU’s embargo on seaborne supplies of Russian oil became effective on December 5 of the last year.