EU Approves 19th Package of Sanctions on Russia, Including LNG Ban
The sanctions include a full ban on Russian liquefied natural gas imports by 2027 and restrict 558 shadow fleet tankers, aiming to cut Kremlin revenue amid the Ukraine conflict.
- The European Union approved a 19th sanctions package against Russia, which includes a ban on imports of liquefied natural gas by 2027.
- Slovakian Prime Minister Robert Fico dropped his opposition to the sanctions after securing assurance on climate targets and energy pricing.
- European Commission President Ursula von der Leyen stated that these sanctions aim to decrease Russia's fossil fuel revenues, funding the war in Ukraine.
- The sanctions package will implement travel restrictions on Russian diplomats and blacklist an additional 117 vessels linked to Moscow’s shadow fleet.
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151 Articles
EU Includes Russian LNG Import Ban in 19th Sanctions Package
The EU on Thursday adopted the 19th sanctions package against Russia, which includes a ban on imports of Russian LNG from 2027, sanctions on additional shadow fleet vessels and on entities in China and Hong Kong supporting Russia’s energy trade and revenues. The sanctions package includes placing Rosneft and Gazpromneft on a full transaction ban, sanctions on 117 additional vessels from the shadow fleet, bringing the total blacklisted tankers …
EU Unveils Sweeping Sanctions Targeting Russian Energy, Banks and Crypto
The European Union on Thursday imposed its 19th package of sanctions on Russia over the invasion of Ukraine, targeting Moscow's key energy revenues, financial networks and technology supply chains.
Before the EU summit, member states agreed on new sanctions against Russia's economy. Important sources of revenue could suffer.
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