EU allows sale of seized Russian oil from ‘shadow fleet’ under new sanctions package
The sanctions package also gives countries power to sell seized cargoes from intercepted ships, after weeks of negotiations over energy and shipping exemptions.
10 Articles
10 Articles
The European Union creates conditions for the sale of Russian oil. The measure is directed against ships of the shadow fleet.
The new rule removes legal uncertainty with regard to the disposal of goods removed from tank vessels by the Russian "shadow fleet".
Moscow has already called such ship seizures "piracy." The European Union will allow member states to sell Russian oil confiscated from vessels attempting to evade the bloc's sanctions, RBC-Ukraine reports, citing Euractiv. What does the new sanctions package allow? European Commission officials confirmed on Thursday, shortly after an agreement between EU diplomats, that the new sanctions package against Moscow allows for the sale of crude oil a…
EU Allows Member States to Sell Confiscated Russian Oil in 21st Sanctions Package
The EU has approved its 21st sanctions package against Russia, introducing a new provision that allows member states to confiscate and sell oil seized from Moscow’s “shadow fleet” of tankers.
In the middle of a protected area off the coast of Oman, a wrecked shadow tanker threatens to trigger an unimaginable environmental disaster. It shows how important it is to stop the risky Russian oil shipments
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