“According to the projects of the documents that Radio Liberty has acquainted, new sanctions will envisage the termination of the supply of Russian LPGs to terminals that are not connected to the common gas distribution system of the EU”, – WRITE: www.radiosvoboda.org
According to the projects of the documents that Radio Svoboda has acquainted, new sanctions will provide for the termination of the supply of Russian PPGs to terminals that are not connected to the common gas distribution system of the EU. This restriction will not affect most of the import of raw materials from the Russian Federation to the EU.
According to a report published on January 28, last year the supply of PPG from Russia to the EU increased by almost 20% compared to 2023.
In December, 10 EU countries, including Finland, Poland and the Baltic States, called on the European Commission to “ban the import of Russian gas and PPG as soon as possible.”
The EU has already banned most of Russian coal and oil imports. However, it is not yet possible to impose sanctions on pipeline gas from Russia, since several European countries are still dependent on it, and the implementation of such measures requires unanimous approval of the bloc members. The abandonment of the Russian PPG can be made both through sanctions and within the “road card” of a gradual restriction of procurement.
In addition to the restrictions on the supply of PPG, the 16th EU sanctions package for Russia provides for penalties for 74 oil tankers from the so-called shadow fleet of Russia, as well as restrictions on importing Russian aluminum.
According to Bloomberg, restrictions will be gradual and will allow European buyers to import aluminum from Russia during the year under the quota system before the full ban comes into force. The EU still purchases about six percent of this metal in Russia.
The European Union considers the shutdown of about 15 Russian banks from the SWIFT international payments system, Bloomberg reports with reference to sources. According to September 2024, more than 200 banks are connected to SWIFT in Russia.
Also in the new package will be expanded, including at the expense of China and the DPRK, the number of persons and organizations that will be subject to sanctions due to the full -scale invasion of the Russian Federation into Ukraine. Additional measures will be implemented against Russian means of information involved in a misinformation campaign coordinated by the Russian authorities.
In the 14th Package of Sanctions, the European Union introduced a ban on re-exporting through ports in the European Union, a Russian PPG intended for third countries.