The European Union is seeking an oil deal with Azerbaijan as it attempts to cut oil dependence on Russia amid its war in Ukraine.
is reportedly seeking an oil deal with Azerbaijan as it attempts to distance itself from Russia amid its war in Ukraine.
The plan would not only help the EU as it aims to cut Russian oil dependence by 90 percent by the end of 2022 but could help Europe amid aShips are loaded and unloaded at the port of Brunsbuettel, Germany, Tuesday, March 1, 2022. The area is under discussion as a site for a new LNG terminal.
If agreed to, the proposal would look to expand this network with the backing of European and Azeri funding.
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