Germany slips behind China as top importer of Russian energy
About 61% of the fossil fuels worth some 57 billion euros were exported to the European Union during the conflict's first 100 days, the Helsinki-based group said.
Germany, which was the biggest importer of Russian fossil fuels during the first two months of the war, slipped to second place behind China, which has purchased some 12.6 billion euros worth of energy from Moscow.
Figures published by the organization show that Germany remains heavily dependent on Russian energy, particularly natural gas. Imports in May were down 8% compared with the previous two months, coinciding with warmer weather.
As a whole, the European Union cut its energy imports from Russia by more than 100 million euros per day in May, led by Poland, which was previously a big buyer of Russian oil and gas, the Centre for Research on Energy and Clean Air calculated.
It noted that because Russia is exporting more oil by ship to countries where it doesn't have pipelines, tankers are in high demand. Four-fifths of those tankers are owned by European or American companies, it said.
(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)