NGOs demand EU should end imports of Russian oil
The European Union should embargo all oil and gas imports from Russia in order to stop financing Putin’s war on Ukraine, say 25 European NGOs in a public appeal to leaders. The coalition is also demanding that the country of origin for oil products be made clear at petrol stations to ensure consumers do not inadvertently fund the Putin regime.
Countries should introduce a tariff or levy on Russian fossil fuel exports ahead of a complete embargo of fossil fuel imports from Russia, the groups say. Oil accounts for four out of five dollars made on Russian oil and gas exports and has underpinned Putin’s military spending for over two decades. This must end, says the coalition of NGOs from Kiev to Lisbon.
So far, oil and gas have not been included in the economic sanctions which, while necessary, are not stopping the Russian advance. Every day EU countries continue to transfer hundreds of millions of euros for oil and gas to the Putin regime – estimated at between €80 billion and €85 billion in 2022 – paying for its illegal war on Ukraine. Two-thirds of Russian oil imports are used in transport.
Freezing the fossil fuel trade with Russia will have impacts on energy prices, the groups say, but Putin’s extraordinary military aggression requires an extraordinary response. They call on governments to take decisive action to shield households and businesses from the negative impacts of the energy crisis. IEA countries which have 90 days worth of oil reserves for emergencies should deploy them to support countries with high exposure to Russia.
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