Borrell says no EU agreement on Russian energy embargo Borrell says no EU agreement on Russian energy embargo

There is insufficient support from European Union member states for a complete embargo or punitive tariff on Russian oil and gas imports, the EU's top diplomat Josep Borrell was quoted as saying by German newspaper Die Welt on Monday, reported from Reuters. 

"At the moment, we in the EU do not have a unified position on this question," Borrell told the newspaper.

Some EU countries are pushing for a sixth sanctions package on Russia, and Brussels is preparing a full impact assessment of an oil ban as part of possible further measures.

Borrell said the topic will be discussed at the next EU summit due at the end of next month and that he did not expect any decision on the matter before then.
"A final proposal for an embargo on oil and gas is not yet on the table," he said.

The EU Commission will probably make proposals for the sixth package of sanctions to the member states this week, Die Welt said, without citing sources.

All EU states are working on cutting their dependency on Russian oil and gas, Borrell said, adding that he believed the bloc will be able to reduce its dependency eventually.

"At some point, it will happen, and then Russia will feel painfully that the revenues from the oil and gas business are being lost," he added.





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