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1701

The Netherlands to cut Russian oil & gas imports by the end of 2022

A majority in the lower house of Dutch parliament pushed for tougher sanctions against Russia, including a boycott of Russian oil &gas

The Netherlands to cut Russian oil & gas imports by the end of 2022

Source: Pixabay

Amsterdam, April 25 - Neftegaz.RU. The Dutch government is actively working to reduce the dependence on Russian energy as quickly as possible, adding that it aims to make the country independent from Russian fossil fuels by the end of this year.

The government pointed to the measures already taken by the Netherlands to reduce the country’s reliance on Russian energy, such as organising an energy-saving campaign.
Dutch Prime Minister Mark Rutte told journalists at a press conference:
  • What the Netherlands would actually like to achieve is being independent of Russian gas and Russian oil before the end of the year
  • We can achieve this by working hard on a mix of energy savings and sustainability, but it will also have to lead to the import of energy from other countries, including LNG
  • It really is a challenge, we are very dependent on Russian gas in Europe and there are not many alternatives to LNG
The Netherlands, with a total of 31,7 million tonne, was of all EU27 countries the largest importer of Russian crude oil.
To replace the 1/3 volume imported from Russia, the volume of the next 3 largest import countries (Norway, USA and Nigeria) would need to double.
Other option could be to look at importing oil from e.g. Arabian countries.

Dutch energy firm GasTerra has a contract for Russian supplies with Gazprom that expires in October.

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