BP’s Lingen Refinery in North West Germany (Emsland) aerial view

Although Germany and Qatar struck an agreement yesterday, Sunday, for a long-term energy partnership, Germany still holds the conviction that it is not able to abandon Russian oil, according to German government spokesperson Steffen Hebestreit on Monday.

Destination diversification

According to Russian Deputy Prime Minister, Alexander Novak, Russian intends to diversify its oil supply destinations against the backdrop of Western-led sanctions on Russian oil.

"Of course, we have taken into account all scenarios, the toughest that you can imagine. We proceed from the fact that we will not allow this, we will diversify supplies. Oil, after all, is not a pipe, mostly. Basically, these are tankers, which can be delivered to other regions. Therefore, we will create logistics schemes and chains," Novak told reporters.

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Destination diversification

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