Germany’s oil imports from Russia down 99.9% in January

Crude oil imports from Russia plummeted by 99.9 per cent year-on-year in January 2023, the Federal Statistical Office of Germany said on March 13.

"In January, Germany imported 3,500 metric tons of Russian oil," the Office said, adding that such volumes were imported by the EU before January 1, 2023. In January 2022, Germany imported 2.8 mln metric tons of Russian crude oil, TASS reports.

To substitute the Russian oil, Germany scaled up supplies from Norway (plus 44 per cent), the United Kingdom (+42 per cent), and Kazakhstan (+34.6 per cent).

The EU’s embargo on seaborne supplies of Russian oil became effective on December 5 of the last year.