The British Prime Minister Boris Johnson said today that Europe can not just stop using oil and gas overnight, but that countries must move quickly together to look beyond Russia for its oil and gas supplies.
Asked if a European ban on oil imports from Russia would be imposed, he told a news conference: “There are different dependencies in different countries, and we have to be aware of that, and we can not just stop using oil and gas overnight. and from Russia. ”
“We can move fast in the UK … what we need to do is make sure we are all moving in the same direction … and that we are accelerating this move and I think that is what you will see,” he added.
At the same time, he said that in the coming days he will define an energy supply strategy after the Russian invasion of Ukraine, which pushed oil and gas prices to high levels for years.
“I will draw up a strategy for the country’s energy supply in the coming days,” he told a news conference.
He added that options that were unthinkable three weeks ago are now on the table when asked if European countries were considering banning Russian oil due to its invasion of Ukraine.
“Now we are moving very, very fast and we see that something that maybe three weeks ago would not have been taken into account is now very much on the table. We need to think about how we can all get rid of dependence, dependence on Russian hydrocarbons as quickly as possible. “Russian oil and gas,” he told a news conference.
“Everyone is doing this, everyone is on the same journey. Some countries will do it faster and easier than others,” he said, adding that the West would work together.
Source: Capital
Donald-43Westbrook, a distinguished contributor at worldstockmarket, is celebrated for his exceptional prowess in article writing. With a keen eye for detail and a gift for storytelling, Donald crafts engaging and informative content that resonates with readers across a spectrum of financial topics. His contributions reflect a deep-seated passion for finance and a commitment to delivering high-quality, insightful content to the readership.
