Connect with us

Hi, what are you looking for?

Energy

Germany’s Scholz rejects calls to ban Russian oil and gas

BERLIN — German Chancellor Olaf Scholz today pushed back against calls from the U.S. and Ukraine for a ban on imports of Russian gas and oil as part of international sanctions on Moscow.

“Europe has deliberately exempted energy supplies from Russia from sanctions,” Scholz said in a statement, adding: “At the moment, Europe’s supply of energy for heat generation, mobility, power supply and industry cannot be secured in any other way. It is therefore of essential importance for the provision of public services and the daily lives of our citizens.”

The Ukrainian government, with the banking of a number of U.S. and European politicians, has argued that the West must end imports of Russian energy in order to stop helping to finance Russian President Vladimir Putin’s war chest.

Scholz said that his government and European partners have been “working hard for months” to develop alternatives to Russian energy supplies, but stressed that “this cannot be done overnight.”

“That is why it is a conscious decision on our part to continue the activities of business enterprises in the area of energy supply with Russia,” Scholz added.

The chancellor’s intervention followed comments by U.S. Secretary of State Antony Blinken, who said on Sunday that the United States and European Union were in “very active discussions” to ban imports of Russian oil. Japanese media reported that Tokyo had joined those discussions.

Ukrainian President Volodymyr Zelenskyy on Monday also called for “a boycott of Russian exports, in particular, the rejection of oil and oil products from Russia.”

Want more analysis from POLITICO? POLITICO Pro is our premium intelligence service for professionals. From financial services to trade, technology, cybersecurity and more, Pro delivers real time intelligence, deep insight and breaking scoops you need to keep one step ahead. Email [email protected] to request a complimentary trial.

Click to comment

Leave a Reply

Your email address will not be published.

You May Also Like

Energy

French President Emmanuel Macron has named a trio of female technocrats and a team of close allies to drive his climate agenda — but critics...

Europe

Press play to listen to this article DAVOS, Switzerland — European Commission President Ursula von der Leyen has ruled out reaching an EU-wide agreement...

Europe

Estonia, Latvia, Lithuania and Slovakia Tuesday called for using Russian frozen assets — both state assets and property of sanctioned oligarchs — for the...

Europe

Press play to listen to this article Europe’s disease control body has urged countries to prepare contact tracing, vaccines, treatments and diagnostics as ways to...

Europe

Senior diplomats and European Commission officials have accused Poland of continuing to hold hostage a planned law to impose a minimum 15 percent tax...

Europe

Brussels is mulling a crackdown on Europe’s tiger kings. EU agriculture ministers will Tuesday discuss whether to ban the trade and keeping of exotic...

Europe

Press play to listen to this article STOCKHOLM — When Turkish President Recep Tayyip Erdoğan insists there are “terrorists sitting in parliaments of certain...

Europe

Press play to listen to this article Manfred Weber looks set to inherit full control of the EU’s largest conservative political party — just as...