Advertisement

Why is Russian oil so enticing to Germany?

  • Web Desk
  • Share

Advertisement

Friendship, or Druzhba in Russian, is the name of the pipeline that transports Russian oil to Germany.

Vladimir Putin’s war on Ukraine, on the other hand, has shattered any remaining feelings of affection.

Druzhba began operations in the 1960s, delivering oil from the Soviet Union to Schwedt in former communist East Germany across a distance of almost 5,000 kilometers.

The Schwedt refinery is critical to the European Union’s plan to phase out Russian oil imports by the end of 2022.

The German government has decreased its reliance on Russian oil from 35 percent to 12 percent since the invasion.

Advertisement

All of it goes to the Schwedt refinery.

People here are anxious about the impact of an embargo on German regions like these, where tens of thousands of people rely on Russian energy for their livelihood.

“We are quite concerned and astonished,” says Annekathrin Hoppe, the mayor of Schwedt.

Advertisement
Read More News On

Catch all the Business News, Breaking News Event and Latest News Updates on The BOL News


Download The BOL News App to get the Daily News Update & Live News.


Advertisement
End of Story
BOL Stories of the day
Pakistan and Afghanistan agree to immediate ceasefire after 13-hour talks in Doha
AI-generated Islamophobic imagery fuels digital hate in India
French PM survives two no-confidence votes
Trump says ending Pakistan–Afghanistan war would be “very easy”
Ace Frehley, founding KISS Guitarist and Rock and Roll Hall of Famer, dies at 74
OpenAI CEO Sam Altman warns of AI investment bubble despite industry's explosive growth
Next Article
Exit mobile version