French energy minister expects EU consensus on Russian oil ban by end of week

French environment and energy minister Barbara Pompili, stated her confidence in the EU to end Russian oil imports. She reaffirms her trust in the EU member states to get a solution on how to stop the importations by the end of the week. 

“Some countries are more dependent on Russian oil than others, and so we must try to find solutions so that they can come on board these sanctions,” she told France Info radio. “But I think we should be able to do it.”

“I want to be a minister who delivers results”

Moscú, on the other hand, decides to stop the gas supply to Bulgaria and Poland. That is due to the negatives of paying in roubles. That is why France had an emergency meeting of EU energy ministers this week to discuss the matter. 

The EU has already proposed a phased embargo of Russian oil. Still, there are concerns about Europe’s complex distribution network and challenges in tracking crude. That can be tricky to implement. 

Although, if the plan gets implemented, it will take effect in six months for crude and another eight for diesel and other products. 

You also might want to read “Oil prices jump 4% as EU proposes ban on Russian oil”

The most concerning part is the dependency on Russian oil when Ukraine’s civilian casualties rise.

The minister got the job in 2020. Since then, she has done nothing but struggles through all the changes the world has gone through. The French President Emmanuel Macron made a part of the agenda a portfolio whit high priority with clime change and green COVID-19 recovery. That is why she needed to step up with political agenda but also got her eyed deep into energy. “I want to be a minister who delivers results,” Pompili said after landing the job, adding that “what the French people want is that [climate goals] are transformed into concrete actions.”

Related posts

Innergex and Hydro-Québec make first joint acquisition in New York


Toyota to release its solid-state battery EV prototype in 2021


Energy costs for US households to increase sharply this winter; EIA