Although Australia, Britain, Canada and the United States (US) imposed sanctions on Russian -produced oil, there were several other European Union (EU) members who ‘refused’ to follow suit.
It is common knowledge that last Wednesday, German Chancellor Olaf Scholz announced an end to dependence on Russian -produced energy sources, which have long been a major consumer of crude oil from Moscow, in response to the invasion of Ukraine.
The EU which imports about 27% of Russia’s crude oil is also acting to end its dependence.
However, there are other EU buyers who have had to buy the energy source from Russia due to warnings of supply shortages that could affect other sectors of the economy.
China and India are seen still buying crude oil from Russia after the countries refused to criticize the aggression against Ukraine, including Turkey which is also buying despite its status as a middleman between Kyiv and Moscow.
Here are the companies that are still buying crude oil from Russia despite vigorous sanctions by the world’s major powers.
Neftochim Burgas
The Bulgarian refinery is owned by Russia’s Lukoil and imports 60% of Moscow’s crude oil.
Mir
Germany’s largest refinery that imports 14% of Russian crude oil and 24% is owned by Rosneft.
PCK Schwedt
The refinery is 54% owned by Rosneft via the Druzhba pipeline.
Leuna
The refinery in eastern Germany is owned by TotalEnergies via the Druzhba pipeline.
Hellenic Petroleum
The largest refinery in Greece that imports 15% of Russian crude oil.
ISAB
Italy’s largest refinery owned by Lukoil and regulated by Litasco SA Switzerland.
MOL
A Hungarian oil company that operates 3 refineries in Hungary, Slovakia and Crroatia via the Druzhba pipeline.
PKN Orlen
Poland's largest refinery.
Zaaland Refinery
The Dutch refinery is 45% owned by Lukoil.
Rotterdam Refinery
Klang Dutch filter in Rotterdam, Exxon Mobil.
Hindustan Petroleum
An Indian refinery importing 2 million barrels from the Russian Urals.
Indian Oil Corp
India’s largest refinery that bought 3 million barrels from the Russian Urals.
The following are among the companies that have already confirmed the cessation of dependence on Russian crude oil.
BP
Oil refinery from Britain.
Eneos
Filter company from Japan.
ENI
Italian government -owned energy company.
Galp
Oil and gas company from Portugal.
Equine
Norwegian -owned company.
Neste
Finnish refinery.
Preem
The largest refinery from Sweden.
Repsol
Spanish -owned oil company.
Shell
The world's leading petroleum traders.
Total energy
French oil company.
Varo Energy
Swiss refinery.
