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UK loosens Russian oil sanctions as fuel prices rise
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By (user no longer on site) 2 weeks ago
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Personally I’m not really bothered whether we buy oil from Russia or not.
But it’s another level of stupidity for the government to refuse to extract our own oil and then buy it from people it claims are our mortal enemies.
But it’s the same with China. On the one hand successive governments fret about Chinese influence and spying, and on the other Net Zero makes us even more dependent on Chinese imports. |
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By *abioMan 2 weeks ago
Newcastle and Gateshead |
"‘The UK government has loosened strict sanctions on Russian oil refined into diesel and jet fuel in third countries as prices rise’
I wish they’d make their minds up.
Principles, what principles?
"
Sort of….. you can call it a 3rd party decision
They are not allowing direct sales as such, but they are allowing products processed using Russian oil
So far example some Russian oil is refined in India so the Indians can sell jet fuel .. this would have been banned, but is now allowed.. so hopefully it will bring down that price, so airline fares and holidays shouldn’t rise as much, and there isn’t a reduction in supply
Same thing for diesel….. |
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"‘The UK government has loosened strict sanctions on Russian oil refined into diesel and jet fuel in third countries as prices rise’
I wish they’d make their minds up.
Principles, what principles?
Sort of….. you can call it a 3rd party decision
They are not allowing direct sales as such, but they are allowing products processed using Russian oil
So far example some Russian oil is refined in India so the Indians can sell jet fuel .. this would have been banned, but is now allowed.. so hopefully it will bring down that price, so airline fares and holidays shouldn’t rise as much, and there isn’t a reduction in supply
Same thing for diesel….."
So the Russians will now get to sell more oil to the third party countries who then punt it on for a profit as a reward for trading with Russia.
I guess ultimately what it boils down to is this: when push comes to shove the interests of Israel trump those of Ukraine when it comes to western foreign policy. |
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"‘The UK government has loosened strict sanctions on Russian oil refined into diesel and jet fuel in third countries as prices rise’
I wish they’d make their minds up.
Principles, what principles?
"
 yep it's all a load of shite! I hope Russia refuses to sell it |
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"‘The UK government has loosened strict sanctions on Russian oil refined into diesel and jet fuel in third countries as prices rise’
I wish they’d make their minds up.
Principles, what principles?
"
lol do you honestly believe anyone in parliment has principles,it was obvious when they first put sanctions in place as soon as it started affecting us they would be rolled back |
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"Starmer says we should drive around on Russian oil while Ukrainians bombed in their homes
Where does this leave the 100 year partnership agreement he signed with Ukraine
"
100 year partership ukraine will be lucky to exist as it is at the moment in another 5 years, |
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So we need diesel and jet fuel but refuse to open up new fields in the North Sea in the name of "net zero".
Then we buy diesel and jet fuel from India that has been refined from Russian oil.
Does Russian/Indian diesel and jet fuel burn cleaner than from the North Sea?
Or is it an admission that all this renewable bullshit is exactly that. Bullshit. And the fact that not drilling our own oil is driven by political dogma rather than the country's needs. |
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The increase in greenhouse emissions resulting from increased drilling in the North Sea would be insignificant to those produced by Indian, Chinese and American coal fired CO2. What we are doing is virtue signalling. Put it to the people of the UK and see what they want. |
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"So we need diesel and jet fuel but refuse to open up new fields in the North Sea in the name of "net zero".
Then we buy diesel and jet fuel from India that has been refined from Russian oil.
Does Russian/Indian diesel and jet fuel burn cleaner than from the North Sea?
Or is it an admission that all this renewable bullshit is exactly that. Bullshit. And the fact that not drilling our own oil is driven by political dogma rather than the country's needs."
The oil from new north sea drilling is unlikely to help with the Iranian war restrictions, due to timeframe and volumes. |
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One of the big problems is the past closure of refineries, and a reliance of imports, refinerys started closing in 1999, I think we have lost about 50% of the out put. A bit like fertiliser was cheaper to import then there is a war and the price gose through the roof.
So even if we drill for oil the refineries are flat out. 🤔 |
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"Ukrainian refugees in Uk will be delighted to see UK indirectly funding the bombing of their country they can always go back and fight if it upsets them us buying russian oil"
What the elderly and the kids. |
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"‘The UK government has loosened strict sanctions on Russian oil refined into diesel and jet fuel in third countries as prices rise’
I wish they’d make their minds up.
Principles, what principles?
"
Sometimes you gotta deal with the devil. |
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By (user no longer on site) 2 weeks ago
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"Just open up north sea oil production again and we wouldn't have to worry about all this bollocks. "
North Sea oil and gas production is running, it's only new fields that are blocked and even if we find new oil and gas, it won't be available for another few years. |
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"Just open up north sea oil production again and we wouldn't have to worry about all this bollocks.
North Sea oil and gas production is running, it's only new fields that are blocked and even if we find new oil and gas, it won't be available for another few years. "
The same argument was made a few years ago and now we import from Norway who extract from the same area |
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By *ocktowerMan 2 weeks ago
North Wales and Bulgaria. |
It's all very well for the ukrainia to say they are upset by the UK for loosing tarffis on Russia oil but I don't understand why still after 4 years of war the Ukraine still allowe Russia to export their oil though the Ukraine?
If you don't believe me Google it. |
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By *ocktowerMan 2 weeks ago
North Wales and Bulgaria. |
Russian oil is still pumped through Ukraine. Crude oil continues to flow into Central Europe via the Ukrainian section of the Druzhba pipeline, primarily supplying refineries in Slovakia and Hungary. |
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On a slightly different note, the chancellor is reported to be reducing and/or cancelling tarriffs on some imports to ease prices and help with cost of living. This action was not possible previously |
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By *abioMan 2 weeks ago
Newcastle and Gateshead |
"So we need diesel and jet fuel but refuse to open up new fields in the North Sea in the name of "net zero".
Then we buy diesel and jet fuel from India that has been refined from Russian oil.
Does Russian/Indian diesel and jet fuel burn cleaner than from the North Sea?
Or is it an admission that all this renewable bullshit is exactly that. Bullshit. And the fact that not drilling our own oil is driven by political dogma rather than the country's needs."
A) you don’t just “open up” the taps… new fields would take years to come online…
B) we don’t have to specialist facilities to refine it into jet fuel anyway!
For example.. most of Europes jet fuel came/comes from Qatar, most of the us jet fuel actually comes from Korea…
There are smaller facilities dotted but nothing that can replace what the big companies can supply…
|
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"Russian oil is still pumped through Ukraine. Crude oil continues to flow into Central Europe via the Ukrainian section of the Druzhba pipeline, primarily supplying refineries in Slovakia and Hungary."
Of course it is, why shouldn't it.
It petrodollars in everyone's pot.
Can let a little thing like war get in the way of profit, especially when everyone is getting a slice of the pie. |
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"So we need diesel and jet fuel but refuse to open up new fields in the North Sea in the name of "net zero".
Then we buy diesel and jet fuel from India that has been refined from Russian oil.
Does Russian/Indian diesel and jet fuel burn cleaner than from the North Sea?
Or is it an admission that all this renewable bullshit is exactly that. Bullshit. And the fact that not drilling our own oil is driven by political dogma rather than the country's needs.
A) you don’t just “open up” the taps… new fields would take years to come online…
B) we don’t have to specialist facilities to refine it into jet fuel anyway!
For example.. most of Europes jet fuel came/comes from Qatar, most of the us jet fuel actually comes from Korea…
There are smaller facilities dotted but nothing that can replace what the big companies can supply…
"
Regardless of where the oil from the north sea is used, it is a benefit to the UK and should be realised just like Norway are doing. Ignoring the lead time or using it as an excuse not to start won't make that lead time go away |
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By (user no longer on site) 2 weeks ago
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"So we need diesel and jet fuel but refuse to open up new fields in the North Sea in the name of "net zero".
Then we buy diesel and jet fuel from India that has been refined from Russian oil.
Does Russian/Indian diesel and jet fuel burn cleaner than from the North Sea?
Or is it an admission that all this renewable bullshit is exactly that. Bullshit. And the fact that not drilling our own oil is driven by political dogma rather than the country's needs.
A) you don’t just “open up” the taps… new fields would take years to come online…
B) we don’t have to specialist facilities to refine it into jet fuel anyway!
For example.. most of Europes jet fuel came/comes from Qatar, most of the us jet fuel actually comes from Korea…
There are smaller facilities dotted but nothing that can replace what the big companies can supply…
"
Just sounds like more British Left “no can do” ism.
Oddly Britain is the only country in the world that seemingly can’t take advantage of its natural resources to benefit its population.
Miliband, Labour, and their supporters think this is a sign of them “leading the world”. Everyone else just think it’s a sign of abject idiocy. |
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"‘The UK government has loosened strict sanctions on Russian oil refined into diesel and jet fuel in third countries as prices rise’
I wish they’d make their minds up.
Principles, what principles?
"
Your claim that sanctions have been loosened is factually incorrect. The opposite is actually the case. The UK government has brought in NEW sanctions banning the import of oil derived products sourced from Russian oil.
Previously there were NO such sanctions and diesel, jet fuel and other products have been legally imported into the UK from India, Turkey and other refining countries under the country of origin rules. Basically these state that by refining Russian oil in, for example, India the Country of Origin changes to India and hence it's import is legal.
Last week this was changed and all imports of Russian sourced oil is to be banned.
The controversy is that Labour has enabled a transition period for the rest of this year allowing the continuing imports of diesel and jet fuel, whilst the EU implemented their ban in January 26.
Labour makes the point that with the US/Israeli/Iran war, cutting off these diesel and jet fuel supplies now could cause significant disruption to UK travellers. I concur.
I'm not surprised you didn't understand the facts, Badenoch doesn't as well and made a complete fool of herself the other day. |
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"Just open up north sea oil production again and we wouldn't have to worry about all this bollocks.
North Sea oil and gas production is running, it's only new fields that are blocked and even if we find new oil and gas, it won't be available for another few years. "
Nonsense, Rosebank, Cambo and Jackdaw are ready to produce right now.
Ed Miliband and the greens have Starmer wrapped round their fingers. |
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"So we need diesel and jet fuel but refuse to open up new fields in the North Sea in the name of "net zero".
Then we buy diesel and jet fuel from India that has been refined from Russian oil.
Does Russian/Indian diesel and jet fuel burn cleaner than from the North Sea?
Or is it an admission that all this renewable bullshit is exactly that. Bullshit. And the fact that not drilling our own oil is driven by political dogma rather than the country's needs.
A) you don’t just “open up” the taps… new fields would take years to come online…
B) we don’t have to specialist facilities to refine it into jet fuel anyway!
For example.. most of Europes jet fuel came/comes from Qatar, most of the us jet fuel actually comes from Korea…
There are smaller facilities dotted but nothing that can replace what the big companies can supply…
"
UTTER NONSENSE.
A; ROSEBANK, CAMBO AND JACKDAW are ready to flow right now.
.
B;Key UK Jet Fuel Producing Refineries
Pembroke Refinery (Wales): Produces gasoline, diesel, and jet fuel.
Stanlow Manufacturing Complex (Cheshire): Produces a significant amount of jet fuel, supplying major airports like Manchester and Birmingham.
Fawley Refinery (Hampshire): One of the UK's largest refineries, supplying fuel to major airports such as Heathrow, Gatwick, and Stansted.
Humber Refinery (Lincolnshire): A key producer of refined products, including jet fuel. |
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