The EU adopted a ban on imports of Russian coal last week.
The embargo, however, will not go into effect until August 2022.
The delayed embargo will give EU member states time to find enough alternative supplies.
As discussions about the next sanctions package now focus on banning Russian oil, EU officials tell AFP that a potential embargo could be months away.
The official said:
- Adopting measures on oil means undoing existing contracts, finding alternatives and preventing circumvention
- That can’t be don’t overnight. It requires at least several months
Announcing the proposal to ban Russian coal, European Commission President Ursula von der Leyen said in a speech last week:
- Yes, we have now banned coal, but now, we have to look into oil and we will have to look into the revenues that Russia gets from the fossil fuels
Last week, a German government spokesman reiterated Germany’s position that it currently is against an EU ban on Russian oil.
Author: Tsvetana Paraskova