UK talks on progress in phasing out Russian oil

Oil Materials 15 September 2022 17:08
Baku, Azerbaijan Trend News Agency
UK talks on progress in phasing out Russian oil

UK is making good progress and is committed to completely phasing out Russian oil by the end of the year, a UK government spokesperson told Trend.

“This transition is giving supply chains a window of time to adjust and imports of Russian liquid natural gas will also end as soon as possible,” said the spokesperson.

The UK government representative said referring to the Business Secretary that UK has already reduced Russian gas imports by 75 percent compared with the same period last year, and the proportion of oil imports from Russia has halved.

“Our last Russian LNG shipment was on 2 March this year. And by the end of this year, we will no longer import any Russian fossil fuels,” said the spokesperson.

“In June 22, Russian oil imports were equal to 2 percent of oil imports, down from 13 per cent in the same month a year earlier.”