FRANKFURT: Germany spent 20.6 billion euros ($24.18 billion) on crude oil imports in the first eight months of the year, up 28.0 percent on the year due to higher prices, while volumes fell 1.3 percent, the BAFA foreign trade office’s data showed. Russia remained the top supplier with 37.2 percent of the total, down from 39.1 percent a year earlier. The European Commission has called on EU member states to diversify away from Russian energy supply. UK and Norwegian supplies accounted for 20.7 percent of the total and 23.5 percent came from OPEC members, BAFA said in a statement. Germany imported oil from 28 named countries in the eight months while small volumes came from five unspecified sources. Jan-Aug 2017 Jan-Aug 2016 Pct change yr/yr Import bill 20.6 16.1 + 28.0 (bln euros) Import volume 59.4 60.2 – 1.3 (mln tonnes) Average border 346.96 267.80 + 29.6 price (euros/tonne) Data on specific crude oil import origins, can be found at: http://www.bafa.de/SharedDocs/Kurzmeldungen/DE/Energie/Rohoel/2017_08_rohloelinfo.htm ($1 = 0.8519 euros) (Reporting by Vera Eckert; editing by Jason Neely)
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