EU approves partial Russian oil import ban ----------------------------------------------------- European Union leaders have agreed on a plan to ban most Russian oil imports, in an effort to punish Moscow for its invasion of Ukraine ----------------------------------------------------- Russia-Europe crude oil pipelines Oil terminals Baltic Sea Rostock Gdansk GERMANY Leipzig Litvinov CZECH REP. Bratislava Budapest Novopolotsk BELARUS POLAND Moscow Perm Yaroslavl RUSSIA Almetyevsk Ust-Luga Primorsk Northern Druzhba Southern Druzhba HUNGARY Novorossiysk Black Sea Tuapse Unecha Druzhba pipeline UKRAINE Crimea 500km 300 miles ----------------------------------------------------- EU IMPORTS OF RUSSIAN OIL Temporary exemption from EU ban Figures in million barrels per day Seaborne 1.57 Pipeline 0.72 Total 2.3 EU proposing complete ban in 6-8 months – covers more than two-thirds of imports Germany, Poland pledge to halt imports by end of 2022 Total effect of EU action: Russian crude oil sales to EU could be reduced by 90 percent by end of 2022 ----------------------------------------------------- Source: Bloomberg © GRAPHIC NEWS