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The Netherlands has increased its oil purchases from Russia one and a half times in 11 months of 2024

"RIA Novosti": Netherlands to increase oil purchases from Russia in 2024
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Photo: RIA Novosti/Maxim Bogodvid
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In January-November 2024, the Netherlands increased purchases of Russian oil, and they were 1.5 times higher than the figure for the same period in 2023. This follows from the calculations of "RIA Novosti" published on January 17, based on data from the Eurostat database.

Thus, in the first 11 months of 2024, Amsterdam purchased oil from Moscow for €580.8 million. It is important that in November, the amount of oil that Russia sold to the European country was increased by 2.2% in monthly terms and 1.3 times in annual terms.

In addition, Russian oil was purchased by Slovakia, Hungary, Czech Republic, Bulgaria and Germany. The value of this type of fuel supplied to Budapest amounted to €1.91 billion and showed an increase of 6.9% over the year, while Bratislava was sold €1.78 billion worth of oil, with an annual increase of 2.9%.

At the same time, the Czech Republic's oil imports from Russia showed a 27.8% drop with a value of €1.32 billion, Bulgaria reduced its purchases by 9.4 times and Germany by 5.9 times. In addition, for January-November 2024, all European Union (EU) countries in total purchased this type of fuel from Russia for €5.85 billion, and this is almost a third less than the figure for 2023 for the same period (€8.46 billion).

Earlier, on January 15, Hungarian Foreign Minister Peter Szijjártó said that Budapest and Belgrade would speed up the construction of an oil pipeline between the two states amid new U.S. sanctions against the Russian oil sector because the restrictions undermine energy security.

In addition, Szijjártó said on Jan. 12 that the new package of U.S. restrictions will create serious energy challenges in Central Europe. The minister added that Hungary will work with partners to avoid a strong rise in fuel prices due to the sanctions.

The US authorities extended sanctions against a number of Russian corporations and their executives on January 10. The list includes Gazprom Neft and its head Alexander Dyukov, Surgutneftegaz, as well as the head of Zarubezhneft, Sergei Kudryashov. In addition, restrictions were imposed on the CEO of Rosatom Alexei Likhachev. The list also included Gazprom's medium-tonnage natural gas liquefaction plant on the Baltic coast, Gazprom LNG Portovaya.

Russian Foreign Ministry spokeswoman Maria Zakharova, commenting on these restrictions in a conversation with Izvestia, said that outgoing U.S. President Joe Biden 's intention with such actions is "not to leave a mark in history," but "only to make a mark" before he leaves the White House. Later, the Russian Foreign Ministry said that Washington's actions to impose new anti-Russian sanctions would not go unanswered and would be taken into account when building Russia's foreign economic strategy.

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