The 12th package of sanctions against Russia includes a ban on Russian diamonds, but no new measures on gas - POLITICO
Kyiv • UNN
The 12th package of EU sanctions against Russia includes a ban on Russian diamonds, but does not include new restrictions on Russian liquefied natural gas. Despite the measures to prevent sanctions circumvention, Hungary's economic interests and opposition may deter a more significant threat to the Kremlin.
Brussels brussels is finalizing a new package of sanctions against russia - the eu should agree on a decision in december in December. It is expected to include restrictions on trade in Russian precious stones and preventing the circumvention of sanctions through third countries. However, according to POLITICO , there will be no will be new measures against Russian liquefied natural gas, as well as attempts to reduce the the maximum price of oil, reports UNN.
12th package of sanctions for Russia may be approved by the EU next month. The new The new sanctions list includes more than a hundred legal entities and individuals from Russia. diamonds.
At the same time, according to However, according to the latest drafts of the documents to which POLITICO had access, there are no new measures against Russian liquefied natural gas. It is also stated that the existing proposals do not interfere with the global sale of fuel produced from Russian oil by third countries, and Moscow's lucrative nuclear energy deals are not yet hindering Moscow's lucrative nuclear energy deals. Negotiations on lowering the maximum oil price, according to the newspaper, allegedly reached a deadlock several weeks ago.
Another negative factor is the approval of the sanctions package by all EU members. sanctions package by all EU members. Hungarian Foreign Minister Peter Szijjarto announced his intention to block this decision. Minister of Foreign Affairs of Hungary Peter Szijjarto, who wrote on his Facebook page that before to agree on the 12th package, it is necessary to analyze the effectiveness of the previous eleven packages. Other negotiators fear that more decisive steps will harm European industry and consumers.
The biggest attempt of the latest package of sanctions to reduce sales of Russian oil is the measures aimed at strengthening the fight against evasion of the existing price cap of 60 dollars per barrel. The Group of Seven countries agreed on this step last year, along with the EU and Australia. It also places requirements on buyers to prove that they are not buying Russian oil at a price higher than the upper limit and then hide additional costs in the form of insurance or transportation fees.
SEE ALSO: Borrell hopes to finalize the 12th package of EU sanctions against Russia in December
On the other hand, the industry of Turkey, China, and India are engaged in a booming trade, buying Russian oil and refining it into gasoline, diesel, jet fuel, and other products that, as it turns out, can be sold to Europe without restrictions. Ukraine has previously called on Brussels and London to stop this practice. practice.
EU countries also continue to import significant volumes of Russian liquefied natural gas. gas, a practice that shows no signs of stopping. Against this backdrop, the Russia has announced plans to triple gas production despite Western sanctions and climate change policies.
An unnamed diplomat The EU told POLITICO that there is a general understanding that "the only thing you can sanction is gas and LNG, [but] there are member states that will never agree to that."
Reference
Earlier in November, the Biden administration published new sanctions targeting a major LNG-2 project in the Russian Arctic. The new measures mean that any company involved in the LNG-2 project could be blacklisted by the United States. list of the United States.
