Estonia to Prematurely Terminate Its Dependence on Oil

by Olha Povaliaieva
Friday, October 28, 2022
Estonia to Prematurely Terminate Its Dependence on Oil

On October 27, the Estonian government voted to ban operations with crude oil and petroleum products from Russia

The Estonian government has adopted the relevant resolution. The information source Postimees report this. Estonian foreign minister Urmas Reinsalu confirmed the country's intentions and said it is necessary to break relations with Russia as soon as possible. The reason for this position was the attack of Moscow on Kyiv.

According to the anti-Russian sanctions, the EU countries are gradually moving away from the aggressor country's oil. On December 5, the first restrictions will come into force for some countries. All other countries will comply with the requirements of the sanctions from February 5.

However, Estonia intends to terminate the contract with the aggressor sooner. According to the adopted resolution, the country will impose a ban on purchasing, importing, and transporting crude oil and oil products from the Russian Federation.

The government of Estonia notes that no oil was imported from Russia since the summer. However, some Estonian companies imported oil products. The adopted decision will help to prematurely break the dependence on Russian fuel and "not to provide" the Kremlin with money for missiles to attack Ukraine. 

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