The European Union’s oil and gas imports from Russia in 2023 have been reduced five times on an annual basis, reaching 29 billion euros. This is reported by “RIA Novosti”, analyzing the data of the European Statistical Department (Eurostat).
Thus, oil purchases decreased by 5.9 times in monetary terms, up to 9.3 billion euros. At the same time, imports in physical terms decreased by only 11%, reaching 21.3 million tons.
“Black gold” continued to be bought by Bulgaria (5.5 million tons per year), Hungary (4.7 million tons), the Czech Republic (4.3 million tons), Slovakia (4.6 million tons), as well as Poland (1, 15 million tons), the Netherlands (831 thousand tons) and Austria (9300 tons).
Russia’s gas supplies to the EU decreased by a quarter to 22.4 million tons, and in monetary terms, by 2.9 times to 16.7 billion euros. The biggest buyer was Hungary (4.7 million tons), followed by Greece (3 million tons) and Belgium (2.8 million tons).
In general, the trade turnover between Russia and the EU decreased to 88.9 billion euros, which is 2.9 times less than in 2022. from the indicator.
The European Union imposes sanctions on energy supplies from Russia from 2022. coal was the first to be banned in the summer of the same year, and later in the year restrictions were placed on oil. in 2023 sanctions began to be applied to oil products.
The European market has historically been the main market for Russian gas producers. gas supplies there used to reach at least 150 billion cubic meters. However, in 2022 After the explosions on “Northern Streams”, as well as sanctions against alternative routes of supplies, exports from Russia have been significantly reduced.
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