ECONOMY

Which countries import Russian oil and what it will take to stop the flow

Written by admin

7.2 million barrels per day

Russia is the third-largest oil

producer in the world. Its output

comes to 11.3 million barrels a day,

mostly from eastern Siberia, the

Yamal region and Tatarstan.

Russia ranks as the world’s largest oil

export. It consumes about 3.45

million barrels a day while exporting

more than 7 million barrels of crude

oil and other petroleum products a

day, shipped primarily through

pipelines but also by tankers.

Country backing

penalties

against Russia

4.8 million

barrels per day

In the year ending in October, Russia

supplied about a quarter of all oil

imported by the European Union,

three times as much as the

next-largest import.

Dependence on Russian oil varies

widely among EU countries.

Germanythe bloc’s economic

powerhouse, and poland

imported the largest quantities

for domestic use.

Among EU countries, Slovakia,

Finnish and Lithuania rely most on

Russian oil imports.

In the United Statesthe Biden

administration backed a ban on all

imports of Russian oil and gas as

lawmakers pushed ahead with a

bipartisan bill on Capitol Hill.

Overall, Russian oil last year

accounted for about 3 percent of

total US consumption. Most

analysts say US refiners can easily

buy that much elsewhere. A small

refiner in Hawaii, By Pacific, for

example, said it has stopped buying

from Russia and would look to North

and South America for supplies.

The Netherlands is a major refining

and trading center for Europe, with

large amounts of oil bought and sold

in Rotterdam.

Russia sold 1.6 million barrels of

crude oil a day to China last year,

making it the largest single buyer of

Russian crude. Russia was China’s

second-largest crude oil supplier in

2021, accounting for about 15 percent

of China’s total imports and behind

only Saudi Arabia.

Roughly 745,000 barrels of crude oil

was delivered per day to Central and

Eastern European nations, including

Hungary, Romania, the Czech

Republic, Slovakia, Belarus and

Bulgaria. Belarus got 95 percent of its

oil imports from Russia. Hungary got

74 percent and Lithuania 61 percent.

7.2 million barrels per day

Russia is the third-largest oil producer in the

world. Its output comes to 11.3 million barrels

a day, mostly from eastern Siberia, the Yamal

region and Tatarstan.

Russia ranks as the world’s largest oil

export. It consumes about 3.45 million

barrels a day while exporting more than

7 million barrels of crude oil and other

petroleum products a day, shipped primarily

through pipelines but also by tankers.

Country backing

penalties

against Russia

4.8 million

barrels per day

In the year ending in October, Russia supplied

about a quarter of all oil imported by the

European Unionthree times as much as the

next-largest import.

Dependence on Russian oil varies widely

among EU countries. Germanythe block’s

economic powerhouse, and poland imported

the largest quantities for domestic use.

Among EU countries, Slovakia, Finnish and

Lithuania rely most on Russian oil imports.

In the United Statesthe Biden

administration backed a ban on all imports

of Russian oil and gas as lawmakers pushed

ahead with a bipartisan bill on Capitol Hill.

Overall, Russian oil last year accounted for

about 3 percent of total US consumption.

Most analysts say US refiners can easily buy

that much elsewhere. A small refiner in

Hawaii, By Pacific, for example, said it has

stopped buying from Russia and would look

to North and South America for supplies.

The Netherlands is a major refining and

trading center for Europe, with large amounts

of oil bought and sold in Rotterdam.

Russia sold 1.6 million barrels of crude oil a

day to China last year, making it the largest

single buyer of Russian crude. Russia was

China’s second-largest crude oil supplier in

2021, accounting for about 15 percent of

China’s total imports and behind only

Saudi Arabia.

Roughly 745,000 barrels of crude oil was

delivered per day to Central and Eastern

European nations, including Hungary,

Romania, the Czech Republic, Slovakia,

Belarus and Bulgaria. Belarus got 95 percent

of its oil imports from Russia. Hungary got

74 percent and Lithuania 61 percent.

7.2 million barrels per day

Russia is the third-largest oil producer in

the world. Its output comes to 11.3 million

barrels a day, mostly from eastern Siberia,

the Yamal region and Tatarstan.

Russia ranks as the world’s largest oil

export. It consumes about 3.45 million

barrels a day while exporting more than

7 million barrels of crude oil and other

petroleum products a day, shipped

primarily through pipelines but also by

tankers.

Country backing

sanctions against Russia

Countries

not backing

penalties

against Russia

4.8 million barrels per day

In the year ending in October, Russia supplied about a quarter

of all oil imported by the European Unionthree times as

much as the next-largest importer.

Dependence on Russian oil varies widely among EU

countries. Germanythe bloc’s economic powerhouse, and

poland imported the largest quantities for domestic use.

Among EU countries, Slovakia, Finnish and Lithuania rely

most on Russian oil imports.

In the United Statesthe Biden administration backed a ban on

all imports of Russian oil and gas as lawmakers pushed ahead

with a bipartisan bill on Capitol Hill. Overall, Russian oil last

year accounted for about 3 percent of total US consumption.

Most analysts say US refiners can easily buy that much

elsewhere. A small refiner in Hawaii, By Pacific, for example,

said it has stopped buying from Russia and would look to North

and South America for supplies.

The Netherlands is a major refining and trading center for

Europe, with large amounts of oil bought and sold in Rotterdam.

Russia sold 1.6 million barrels of crude oil a day to China last

year, making it the largest single buyer of Russian crude. Russia

was China’s second-largest crude oil supplier in 2021,

accounting for about 15 percent of China’s total imports and

behind only Saudi Arabia.

Roughly 745,000 barrels of crude oil was delivered per day to

Central and Eastern European nations, including Hungary,

Romania, the Czech Republic, Slovakia, Belarus and Bulgaria.

Belarus got 95 percent of its oil imports from Russia. Hungary

got 74 percent and Lithuania 61 percent.

7.2 million barrels per day

Russia is the third-largest oil producer in the

world. Its output comes to 11.3 million barrels

a day, mostly from eastern Siberia, the Yamal

region and Tatarstan.

Russia ranks as the world’s largest oil exporter.

It consumes about 3.45 million barrels a day

while exporting more than 7 million barrels of

crude oil and other petroleum products a day,

shipped primarily through pipelines but also by

tankers.

Country backing

sanctions against Russia

Countries not

backing

penalties

against Russia

4.8 million barrels per day

In the year ending in October, Russia supplied about a quarter of

all oil imported by the European Unionthree times as much as the

next-largest import.

Dependence on Russian oil varies widely among EU countries.

Germanythe bloc’s economic powerhouse, and poland imported the

largest quantities for domestic use.

Among EU countries, Slovakia, Finnish and Lithuania rely most on

Russian oil imports.

In the United Statesthe Biden administration backed a ban on all

imports of Russian oil and gas as lawmakers pushed ahead with a

bipartisan bill on Capitol Hill. Overall, Russian oil last year accounted

for about 3 percent of total US consumption. Most analysts say US

refiners can easily buy that much elsewhere. A small refiner in Hawaii,

By Pacific, for example, said it has stopped buying from Russia and

would look to North and South America for supplies.

The Netherlands is a major refining and trading center for Europe,

with large amounts of oil bought and sold in Rotterdam.

Russia sold 1.6 million barrels of crude oil a day to China last year,

making it the largest single buyer of Russian crude. Russia was China’s

second-largest crude oil supplier in 2021, accounting for about 15

percent of China’s total imports and behind only Saudi Arabia.

Roughly 745,000 barrels of crude oil was delivered per day to Central

and Eastern European nations, including Hungary, Romania, the

Czech Republic, Slovakia, Belarus and Bulgaria. Belarus got 95 percent

of its oil imports from Russia. Hungary got 74 percent and Lithuania

61 percent.

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