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UK reveals when it will stop Russian gas imports | |
(about 2 hours later) | |
London had previously pledged to phase out purchases of Russian oil by the end of 2022 | London had previously pledged to phase out purchases of Russian oil by the end of 2022 |
The United Kingdom will halt shipments of liquefied natural gas (LNG) from Russia as early as January, the Foreign Office announced on Friday. | The United Kingdom will halt shipments of liquefied natural gas (LNG) from Russia as early as January, the Foreign Office announced on Friday. |
“From 1 January 2023, the UK is ending all imports of Russian liquefied natural gas and supporting countries around the world in reducing their own dependency,” a statement posted on the Office’s Twitter account reads. | “From 1 January 2023, the UK is ending all imports of Russian liquefied natural gas and supporting countries around the world in reducing their own dependency,” a statement posted on the Office’s Twitter account reads. |
The announcement comes as part of a concerted effort by Western states to reduce their energy reliance on Moscow and strip the Russian economy of a massive source of revenue in light of the Ukraine conflict. | The announcement comes as part of a concerted effort by Western states to reduce their energy reliance on Moscow and strip the Russian economy of a massive source of revenue in light of the Ukraine conflict. |
Shortly after the start of Russia’s military offensive in February, the UK announced plans to phase out imports of Russian oil and oil products – such as diesel – by the end of this year. | Shortly after the start of Russia’s military offensive in February, the UK announced plans to phase out imports of Russian oil and oil products – such as diesel – by the end of this year. |
In June, Kwasi Kwarteng, who was then UK Business and Energy Secretary, said the nation had received very little gas from Russia, adding that even those imports were down 75% to compared 2021. | In June, Kwasi Kwarteng, who was then UK Business and Energy Secretary, said the nation had received very little gas from Russia, adding that even those imports were down 75% to compared 2021. |
Last year, Britain imported 3.12 billion cubic meters of gas from Russia, which accounted for 4% of total UK consumption. According to the National Bureau of Statistics, Russia was Britain’s biggest supplier of refined oil, providing 24% of the country’s total supply. At the same time, the share of crude oil imports from the sanctions-hit nation totalled 5.9% last year. | Last year, Britain imported 3.12 billion cubic meters of gas from Russia, which accounted for 4% of total UK consumption. According to the National Bureau of Statistics, Russia was Britain’s biggest supplier of refined oil, providing 24% of the country’s total supply. At the same time, the share of crude oil imports from the sanctions-hit nation totalled 5.9% last year. |
In August, London reported that in June, imports of Russian fuel were down to zero for the first time since 1997. | In August, London reported that in June, imports of Russian fuel were down to zero for the first time since 1997. |
For more stories on economy & finance visit RT's business section | For more stories on economy & finance visit RT's business section |
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