EU earmarks Eur2 billion to cut ties with Russia’s Druzhba oil export pipeline

The EU has proposed investments of up to Eur2 billion to cut the bloc’s reliance on Russian crude imports via the Druzhba pipeline as part of plans to rapidly reduce its dependency on Moscow’s oil and gas in the wake of the war in Ukraine. Presenting its REPowerEU plan to end the trade bloc’s dependence on Russian fossil fuels and…