Bloomberg learned about Germany's plans to abandon Russian oil by the end of the year

Even if the European Union does not come to a unified decision on an embargo on Russian oil, Germany expects to phase it out by the end of 2022.German authorities are working on making deals with alternative suppliers

Germany intends to stop importing oil from RUSSIA by the end of 2022, even if the EU countries fail to agree on a ban on the supply of Russian fuel as part of the next package of sanctions. It is reported by BLOOMBERG, citing officials in the German government.

Chancellor Olaf Scholz's government intends to advance its national plan as part of EU sanctions against Russia in response to the Russian military operation in Ukraine, the sources said.

Berlin is working on deals with alternative suppliers; according to interlocutors of the agency, the government expects that over the next six to seven months it will be able to solve problems with logistics. Which countries will be able to make up for the shortage of oil has not yet been reported.

The Ministry of Economy of Germany allowed a shortage of gasoline during the oil embargo Economics

According to the German Ministry of Economics, the share of Russian oil in deliveries to Germany has decreased to 12%. Before the start of the military operation in Ukraine, it was about 35%.

According to the agency, one of the remaining problems is related to supplies to an oil refinery in Schwedt in the east of the country. The PCK Raffinerie GmbH plant is the largest refinery in Europe; according to its website, Shell and Rosneft each own 37.5%, and AET Raffineriebeteiligungs-Gesellschaft, a joint venture between Rosneft and Italy's Eni, owns another 25%. The plant provides fuel supplies for Berlin International Airport, most filling stations in the capital and the state of Brandenburg. According to Bloomberg, the German authorities are considering the possibility of taking control of the refinery.

Oil sanctions and energy security will be the main topic of discussion in Scholz's talks with Dutch Prime Minister Mark Rutte and Emir of Qatar Tamim bin Hamad Al Thani this week, writes Bloomberg.

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Berlin announced plans to “forever” abandon energy resources from Russia Politics

On May 4, REUTERS reported that EU ambassadors failed to reach an agreement on an embargo on Russian oil. Bulgaria, Hungary, Slovakia and the Czech Republic have expressed concerns about the restrictions, according to the agency's source. Later, as Bloomberg reported, several countries of the European Union proposed to postpone the imposition of a ban on the import of Russian oil.

The German Ministry of Economic Development previously called the rejection of Russian oil a "heavy burden", but indicated its readiness to take this step. Lava of the German Foreign Ministry Annalena Berbock announced the country's intention to completely and forever abandon energy from Russia in the future.