France negotiates with the UAE to replace Russian oil purchases

France is talking to the United Arab Emirates about the supply of oil and diesel as it seeks alternatives to Russian energy sources.
Finance Minister Bruno Le Maire

Source: French Minister of Economy and Finance Bruno Le Maire

“We are looking for substitutes to the supply of gas or diesel from Russia. For example, the United Arab Emirates can be a solution, at least temporarily, to replace Russian oil and diesel. These are discussions that have already begun with the United Arab Emirates.”

The minister also said France also planned to accelerate investment in the transition to cleaner energy, such as speeding up the roll-out of offshore wind farms, to increase the country’s independence.

The European Union approved a sixth package of sanctions against Russia because of the war in Ukraine last week that included a partial ban on Russian oil imports.

French President Emmanuel Macron said that Russian oil imports to the EU would be cut by about 92% by the end of the year as a result of the sixth package of sanctions against Russia. He also said an embargo on Russian gas must not be ruled out.


See also:The EU has developed a plan to abandon Russian gas, – European Commissioner


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