KYIV. UkraineGate , 3 , June , 2022 | Political News.
Today, June 3, the EU Council decided to impose the sixth package of economic and individual sanctions against Russia and Belarus for the large-scale Russian invasion of Ukraine. Thus, there is a partial oil embargo against Russia – the refusal of Russian oil will take from 6 months for crude oil to 8 months for other petroleum products, with a “temporary” permit for transportation by pipeline, according to the website of the European institution .
Quote
“With today’s package, we are tightening restrictions on the Kremlin’s ability to finance the war by imposing new economic sanctions. We are banning Russian oil imports into the EU, cutting a huge source of income for Russia. guilty of the atrocities in Bucha and Mariupol, and ban more disinformers who actively promote President Putin’s military propaganda, “said Josep Borrell, the EU’s High Representative for Foreign Affairs and Security Policy.
Details
The agreed package includes a number of measures aimed at effectively preventing Russia from continuing its aggression.
Oil
The EU has decided to ban the purchase, import or transfer of crude oil and some oil products from Russia to the EU. The phasing out of Russian oil will take from 6 months for crude oil to 8 months for other refined products.
A temporary exemption is provided for the import of crude oil by pipeline to those EU member states that, due to their geographical location, suffer from special dependence on supplies from Russia and have no viable alternatives. This includes Hungary, as previously reported.
Moreover, Bulgaria and Croatia will also receive temporary exemptions on imports of Russian offshore oil and vacuum gas oil, respectively.
Relevant legal acts will be published in the Official Journal of the EU.
Updating news …
Source: Ukrgate
