This step brings the EU in line with US sanctions aimed at Russia's ability to continue the war in Ukraine.
European Commission President Ursula von der Leyen announced on social media on Thursday that EU member states have approved the 19th package of sanctions against Russia.
"For the first time, we are striking at the heart of the Russian military economy, the gas sector. We will not back down until the people of Ukraine achieve a just and lasting peace," von der Leyen said.
According to Denmark, the new sanctions will ban imports of Russian liquefied natural gas (LNG) from 2027. In addition, the package tightens restrictions on the two largest Russian oil companies and adds 117 "shadow fleet" vessels to the EU blacklist, previously used by Russia to circumvent sanctions.
Danish Foreign Minister Lars Loekke Rasmussen said on Thursday that the sanctions are having a tangible impact and causing significant damage to the Russian economy. He added that these measures make it difficult for Russia to finance the war against Ukraine.
The introduction of the EU sanctions package was postponed for several weeks due to objections from Austria, Hungary and Slovakia. However, it was adopted the day after the United States announced sanctions against the two largest Russian oil producers, PJSC Gazprom."Rosneft and PJSC Lukoil.
The new EU measures target 45 organizations that helped Russia circumvent previous sanctions, including 12 companies based in China and Hong Kong.
steelradar.com
