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Russian Oil Import Ban

09 March 2022

Lead MP

Kwasi Kwarteng

Debate Type

Ministerial Statement

Tags

UkraineEnergyBusiness & Trade
Other Contributors: 37

At a Glance

Kwasi Kwarteng raised concerns about russian oil import ban in the House of Commons. A government minister responded. Other MPs also contributed.

How the Debate Unfolded

MPs spoke in turn to share their views and ask questions. Here's what each person said:

Government Statement

UkraineEnergyBusiness & Trade
Government Statement
The UK, following the United States and other allies, is halting the import of Russian oil to respond to Vladimir Putin's invasion of Ukraine. This action targets 44% of Russia’s exports and contributes to a financial crisis in Russia as the rouble has fallen by nearly 42%. The phase-out will be gradual, allowing businesses time to transition and find alternative suppliers with support from a new taskforce on oil. Despite Russia supplying only 8% of UK oil demand, it is crucial for the UK to move towards energy security through investment in North Sea production and cleaner power sources such as renewables and nuclear.

Shadow Comment

Ed Miliband
Shadow Comment
The shadow minister supports the ban on Russian oil but questions its impact on petrol and diesel prices. He calls for a more robust transition to zero-carbon power, including lifting restrictions on onshore wind and expanding offshore wind capacity beyond 40 GW. The Labour party also urges ending any consideration of fracking due to its environmental risks and inefficacy in reducing energy prices quickly.
Assessment & feedback
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About House of Commons Debates

House of Commons debates take place in the main chamber of the House of Commons. These debates cover a wide range of topics including government policy, legislation, and current affairs. MPs from all parties can participate, question ministers, and hold the government accountable for its decisions.