The European Council adopted today a 14th package of economic and individual restrictive measures dealing a further blow to Russia’s regime, APA reports citing European Council.
These measures are designed to target high-value sectors of the Russian economy, like energy, finance and trade, and make it ever more difficult to circumvent EU sanctions.
Today’s package includes restrictive measures on additional 116 individuals and entities responsible for actions undermining or threatening the territorial integrity, sovereignty and independence of Ukraine, as well as the following sectoral measures:
In order to ensure that EU facilities are not used to tranship Russian liquified natural gas (LNG) to third countries, and thereby reduce the significant revenues that Russia derives from LNG sale and transport, the EU will forbid reloading services of Russian LNG in EU territory for the purpose of transshipment operations to third countries. This covers both ship-to-ship transfers and ship-to-shore transfers, as well as re-loading operations, and does not affect import but only re-export to third countries via the EU. The European Commission will monitor the implementation and development of this decision and may propose mitigating measures if necessary.
Furthermore, the EU will prohibit new investments, as well as the provision of goods, technology and services for the completion of LNG projects under construction, such as Arctic LNG 2 and Murmansk LNG. Import restrictions are introduced on Russian LNG through EU terminals not connected to the natural gas system.
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