Finland refuses Russian oil

Finland sharply, by 70 percent, reduced the import of Russian oil in March, writes Bloomberg with reference to the data of the Finnish customs.

The cost of oil procurement collapsed by 45 percent compared to the same period last year. Finland was able to replace Russian raw materials with the help of supplies from Norway. Finland’s trade relations with Russia are gradually collapsing, ”said the chief economist of Danske Bank A/S Pasi Kuoppamaki.

The cost of Russian gas imported into Finland in March jumped 282 percent and amounted to $ 160 million. In 2021, Russia accounted for 92 percent of the total Helsinki of natural gas. Gas is only five percent of the energy consumed in this Scandinavian country.